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$812,750
List Price: $825,000
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Utica

Townhouse in Weeksville •  building info
5bd • 4ba
Buy with Yoreevo

$812,750

List Price

$825,000

Description
THIS PERFECTLY LOCATED TWO (2) FAMILY BUILDING IS VACANT, NEEDS EXTENSIVE REPAIRS/RENOVATION, AND IS BEING SOLD AS IS W/ APPROVED PLANS FOR END USER. (3-story vertical enlargement to include roof deck + Interior Renovations) 203K RENOVATION LOAN ELIGIBLE, OPTIMAL FOR A CASH SALE. Ideal for savvy investors or experienced end-users in the rapidly developing Weeksville section of Crown Heights! The City-approved plans are in place & the vision is beautiful for end users and investors alike. For the savvy investor, 81 Utica provides an opportunity to maximize its income potential by demolishing the existing structure and taking advantage of its R6 zoning & unused FAR, as 85 Utica Avenue, just a few doors down, has already done. For experienced end-users, such as architects, engineers, and contractors, 81 Utica is your blank canvas with endless possibilities awaiting your personal touch. NEARBY (Approximate): Located 5 minutes (0.3 miles) from the Utica Avenue A & C train station and 12 minutes (0.6 miles) from the Utica Avenue 2, 3 & 4 train station. Both options are just 20 minutes to Lower Manhattan. Prospect Park, the Prospect Park Zoo, Barclay's Center, Atlantic Center Mall, the Brooklyn Museum, Brooklyn Botanic Garden, Whole Foods (Ashland Place), and the Apple Store are all just a 20-minute car ride away! PROPERTY DETAILS: Zoning: R6 FAR as Built: 1,440 sf Allowed Usable FAR: 3,239 sf (1,800 more square feet to build UP) Building Dimensions: 16 x 30 Lot Dimensions: 16 x 83 = 1,333.28 sf Property Tax: $1,714/year

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Building info

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Listing Courtesy of Epique Realty