$1,900,000
Updated 4 years ago
Off Market

1683 Union Street

Crown Heights, Brooklyn | Troy Ave & Schenectady Ave

Development Site

$1,900,000
Lot Size20'x100'
ZoneR4
Building TypeVacant Lot
RE Taxes$528

Outdoor space and views

  • Frontyard

Building Amenities

  • Elevator

Property Description for 1683 Union Street

Location: North side of Union Street between Troy and Schenectady Avenues
Block: 1395
Lot: 48
Lot Size: 20' x 100'
Lot Square Footage: 2,000 (approx)
Zoning: (FAR) R4 (0.75) ) Height Limit 35'
Total Buildable Square Feet: 1,500
Assessment: $2,636 (20/21)
Real Estate Taxes: $526.24


A 20' wide vacant lot on a nice residential block that close to fine retail stores and restaurants on Eastern Parkway and Utica Avenue. The property has easy access to the 2, 3 and 4 trains within 15 minutes the tenants or new owner of the property can be in Manhattan and within 10 minutes in downtown Brooklyn. The B46 bus runs along Utica Avenue and goes into the neighborhood of East Flatbush and to Kings Plaza.

The lot is located on a nice residential block, the zoning allows for a residential building to be built. The new property can be a single, a two or three family building. The property can have a front yard for plants and flowers or for on-site parking.There's an attic allowance of up to 20% for inclusion of space under the pitched roof. The basement can be duplexed with the first floor to get more square footage.The attic space would give an extra 540 square feet, plus the basement can be built full for 2,000 square feet below grade. That would be 2,540 square feet, plus the 2,700 square feet buildable. The property would be a total of 5,240 square feet basement included.

The property is located in an area that under a lot of development. When the units are built there will be a lot of demand for them from young professionals and artists from the city and the local neighborhood. They love the fact that Crown Heights via train is not far from the city and is close to Bedford Stuyvesant and Williamsburg where prices for units are less than Manhattan. All these factors makes this a prime development opportunity that a developer will enjoy developing.

ASKING PRICE: $2,000,000 OR $382 PER BUILDABLE SQUARE FOOT

For Further Information or Inspection, Please Contact Exclusive Sales Agent.

Listing History for 1683 Union Street

Now
04/04/2022
Expired by Kervin Vales
Brown Harris Stevens Residential Sales LLC
03/30/2022
$1,900,000 [-$100,000] [5%]
Price Drop by Kervin Vales
Brown Harris Stevens Residential Sales LLC

Building Details for 1683 Union Street

OwnershipDevelopment Site
Building TypeVacant Lot
Learn More About the Building

Transit and Citi Bike

Subway

Crown Hts-Utica Av
0.09 miles
Kingston Av
0.42 miles

Citi Bike

Eastern Pkwy & Schenectady Ave
0.05 miles
Schenectady Ave & President St
0.06 miles

Contact Agent

Contact Agent

Kervin Vales
Brown Harris Stevens

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: 82880TH