Improved Residential Land for Sale in Brooklyn, New York

54 Fane Ct Brooklyn, NY 11229

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$188,000
0.04 acres
Active sale agoEst $1,113/mo

Owner Financing or co-development options available! Residential Lot with approved plans for a 2-family home. This 1,785 SF virgin lot of land is located in the sunny, quiet, marina neighborhood of Gerritsen Beach. The zoning is R4 which allows you to build a home with a floor area ratio of 0.75 which is great on its own, but we have approved plans for a 1,380 SF, 2-family home that comes out to a floor area ration of 0.77 - approved! The design of this future, cozy two family home at 1,380 SF includes a ground-floor, 690 SF garage & cellar with 2-car parking and room for storage, a 2nd floor 2-bedroom, 1 bath apartment. You have the opportunity to go straight to the building phase and build your dream home or work with your architect on any changes to make your dream home a reality. Current real estate taxes are $92.42 per month, so at that rate you could take your time if you wanted to.

With convenient access to the B31 bus route, playgrounds, baseball fields, little leagues, a skatepark, shopping, groceries, and a supermarket all on Gerritsen Avenue, this could be the perfect opportunity to build your cozy beach home or build your first development for a sale next year or add to your rental portfolio.

The owner is willing to perform owner financing as well as co-development. It's all up to your expertise and skill. Will be able to review the approved plans with you. Feel free to drive by the lot and neighborhood anytime and then schedule a visit

1,380
Sq feet
1920
Built

Property details

Coordinates
40.5929, -73.929
Zoning
R4
Elevation
7 feet
MLS Number
BNYMLS 484005
Date Posted

Parcels

  • 38939118

Property taxes

Year not provided
$1,109

This 0.04-acre property is located at 54 Fane Ct in Brooklyn, NY 11229 with latitude 40.5929 and longitude -73.929. The property is currently available for sale for $188,000. It has a 1,380 sq ft structure built in 1920. Listing data is sourced from Brooklyn New York Multiple Listing Service # 484005.

Verify sale details at the property source or contact RE/MAX Edge at (718) 612-3088.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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