Property Description for 303 23rd Street
This massive Lot, measuring an impressive 27 X 100 is a developers dream and is located in the heart of the up and coming neighborhood of Greenwood Heights.This lot also has an allowed usable floor area of 5,526sf. Recent new real estate development, curbed with the rezoning of the area in November 2005, has brought an influx of luxury condominium apartments into a residential area that was mainly made up of 1- and 2-family homes. Post-rezoning, while new development sites have occurred, there has been a new trend of home renovations (many of them "gut renovations"), taking many of the neglected c. 1900 wood frame homes and restoring them to their turn of the 20th century historical look.While the area is known for its history and old world charm, it is also known for its school districts that are comparable to that of Park Slope and Gowanus. Greenwood heights has recently become a new hub for trendy restaurants and bars such as Korzo, Lot 2, the world famous Greenwood Park and Sea witch.