Property Description for 546 Saratoga Ave
Located in the neighborhood of Brownsville, Brooklyn in New York City, NY. The sale of this property include plans to build a 6 story 16,000 square foot 16unit building plus 4000+ Sq Ft. of community facility space. This prime development opportunity is supported by strong demand drivers including:
Located in Brownsville, one of the fastest growing neighborhoods in New York City.
Easy access to the MTA #3 train line, B12 Bus
25-minute travel time to Downtown Manhattan
Located amid developments currently being planned within the neighborhood.
Steps away from the shopping districts of Pitkin Avenue & East 98th Street & Rutland Road.
10-20 Minutes travel to Brooklyn Botanical Gardens, Brooklyn Museum, Grand Army Plaza, Main Public Library at Grand Army Plaza, Barclay Center and Downtown Brooklyn dining and shopping.
Incentives:
Property qualifies for Tax Abatements under the 421a Program.
Property qualifies as an Opportunity Zone funding project for credited funding.
Project qualifies for C-PACE Energy Efficiency funding.
Unit Mix:
Apartments Studio -1bedroom, 2bedroom