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1038 Jefferson Ave - Availability Details

1038 Jefferson Ave, Brooklyn, NY 11221

  • For Sale $1,800,000
  • City Brooklyn
  • Neighborhood Bushwick
  • Zip Code 11221
  • Market Brooklyn
  • Property Type Multi-Family
  • Property Size 3,960 Sqft
  • Date Updated 16 Mar, 2021

Ariel Property Advisors has been retained on an exclusive basis to sell two ground-up development sites located at 1033 Jefferson Avenue and 1038 Jefferson Avenue in the Bushwick neighborhood of Brooklyn. The properties are being sold together as a package deal with approved plans for a total of 9,600 buildable square feet, which includes two 4-story, 6-family buildings, with a community facility and cellar space in both.

Located between Broadway and Bushwick Avenue, 1033 Jefferson Avenue measures 20’x 100’ and 1038 Jefferson Avenue measures 18’x 100’. The zoning is R6 on a narrow street, so the FAR is 2.20 and 4.80 with the community facility bonus.

The plans for both buildings are identical, which call for a first floor duplex to benefit from an accessory room in the cellar and a community facility in the front of the building. The second floor calls for a one bedroom apartment and a two bedroom duplex which includes space on the third floor. The third floor calls for an additional one bedroom apartment. The fourth floor calls for a one bedroom apartment as well as a duplex in order to utilize the roof. For a copy of the plans please contact our exclusive agents.

The properties are served by the J-train at the Halsey stop located less than 2 blocks away which provides easy access to Manhattan. The properties also benefit from being very close to all local amenities including shopping, restaurants and nightlife which are located 1 block away on Broadway.

For more information about this property, please contact our office.

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Contacts

broker

Jonathan Berman

Ariel Property Advisors

(212) 544-9500 x 20

broker

Matthew Davis

Ariel Property Advisors

(212) 544-9500 x 24

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