2089-2101 Utica Ave

Residential development site measuring approximately 34,000 square feet, zoned R3-2 with a FAR of 1.00. 28,000 SF of the property can be used for commercial use. Property includes an existing 2 story, 6,356 SF, retail building. The property comes with a variance that allows the lot to be used for automobile sales/storage, and/or open building material sales. Already has approved plans to build an additional 3 story, 20 unit apartment building fronting Utica Avenue. The land fronting E 51st Street is currently approved for 4 (1)-family houses. The subject property is located on the east side of Utica Avenue between Avenue M and Avenue N. Only 2 blocks from the B41 bus line at the Avenue N-Utica Avenue bus stop.