88 Schermerhorn Street, Brooklyn, NY, 11201

Highlights

• Ideal for a luxury residential condominium or rental development in the well-established Downtown Brooklyn neighborhood
• Includes Inclusionary Housing Certificates with FAR (2.0x), allowing for 39,996+/- SF residential development
• Perfectly situated near many Brooklyn attractions such as the Barclay's Center, Fulton Street Mall, Brooklyn Heights Promenade and the Brooklyn Bridge Park
• Eligible for both the ICAP and Affordable Neighborhoods for New Yorkers (ANNY) tax incentives
• Proximity to a multitude of subway stations servicing nearly all NYC metro lines, allowing for easy access throughout the boroughs

Description

Avison Young, as exclusive agent is pleased to offer for sale a development site located at 88 Schermerhorn (the “Property” or “Site”) in Downtown Brooklyn. The Site is centrally located midblock between Boerum Place and Court Street and has 33.33 feet of frontage and a depth of 100 feet. The irregular 3,333 SF lot is located on the south side of Schermerhorn Street and has already been demolished, saving a developer time and resources.

Downtown Brooklyn - Brooklyn - New York

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