434 Cleveland Street

Residential 2 family house that sits on a 25’ x 100' lot  on Cleveland Street  between Pitkin and Glenmore Ave.

• Property may serve as a development opportunity, allowing up to 4 stories to be built 

• Located in a Qualified Opportunity Zone (Great for 1031 exchange buyers)

• Property can be delivered vacant (Currently one vacant unit)

• Nearest trains are the Shepherd Ave C train  / Cleveland Street J train

Overview:

Building Type: 2 Family Frame House / Potential Development / Conversion Sites 

Location: East New York    

Lot Dimensions: 25’ x 100’

Lot Sq Ft: 2500 sq. ft.

Buildable Sq. Ft. 3038

Zoning: R5B 

FAR: 1.35

FACULTY FAR:  2

Assessment Value: $29,760

Tax Class: 1

Taxes:    $1,634 (May be eligible for Affordable NY Tax Benefits Program)

Building Sq Ft: 1584

Building Dimensions:  20 x 30

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