$680,000 $700,000
Updated 12 hours ago
Price drop
Crown Heights, Brooklyn | Pacific Street & Dean Street
1,248 Square FeetMulti-Family

$680,000 $700,000
floors / apts2 / 2
Lot Size16'x83'
Built Size16'x30'
ZoneR6
Building TypeTownhouse
RE Taxes$1,440
Price Per SF
$545

Property Description

Opportunity knocks for savvy investors or experienced end-users such as architects, engineers and contractors. Located in the rapidly-developing Weeksville section of Crown Heights, this diamond in the rough can be transformed into the belle of the ball.

For savvy investors, 81 Utica Avenue affords the opportunity to knock down the existing structure and take advantage of the R6 zoning and unused FAR in an emerging area.

THE PROPERTY IS VACANT, REQUIRES EXTENSIVE REPAIRS/RENOVATION AND IS BEING SOLD AS IS.

NEARBY (Approximates):
Located 5 minutes (0.3 miles) from the Utica Avenue A & C train station and 12 minutes (0.6 miles) from the Utica Avenue 2, 3 & 4 train station. Both options are just 20 minutes to Lower Manhattan. Prospect Park, the Prospect Park Zoo, Barclay's Center, Atlantic Center Mall, the Brooklyn Museum, Brooklyn Botanic Garden, Whole Foods (Ashland Place) and the Apple Store are all just a 20-minute car ride away!

PROPERTY DETAILS:
Zoning: R6
FAR as Built: 1,253 sf
Allowed Usable FAR: 3,239 sf
Building Dimensions: 16 x 30
Lot Dimensions: 16 x 83
Property Tax: $1,437/year (approx.)

Listing History

Now
01/22/2022
$680,000 [-$20,000] [2.9%]
Price Drop by Steven M. Roman
Corcoran
2022

Building Details

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

Utica Av
0.22 miles

Citi Bike

Fulton St & Utica Ave
0.22 miles
7
24
0

Crown Heights | Brooklyn

Quick Profile

Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies. 

Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.

The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.

You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 82842TH