Property Description for 45 Lenox Road
B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 45 Lenox Road in the Prospect Lefferts Gardens neighborhood of Brooklyn.
The subject property is a residential development site on a 43’ x 200’ lot. The as of right zoning of R7A allows for up to 34,264 BSF for residential use.
The site is eligible for the Affordable NY (421a) tax benefit, offering a 35 year tax abatement with 30% of the units rented at 130% AMI.
Proposed plans are being generated and can be delivered fully approved for 39 residential units. Current plans propose approx. 30,000 Sellable SF.
Immediate access to the best amenities in the neighborhood, including Prospect Park within 2 blocks and retail on Flatbush Avenue 1 block away.
Transportation options are available within 4 blocks to the B, Q trains and 2, 5 trains, providing direct access to Downtown Brooklyn and Manhattan.