Property Description for 114 Erasmus Street
114 Erasmus St - Development site for sale in Flatbush an existing Two family two story bldg. This emerging sub-market in Brooklyn, having seen tremendous growth since 2017. The main corridors in the area are Flatbush Avenue, Bedford Avenue, Rogers Avenue and Nostrand Avenue, The area has attracted a number of new residential development, Additionally, it is in close proximity to Prospect Park and the iconic Kings Theater walking distance to Ditmas Park and Cortelyou Rd restaurants row. The property is located just three block from the 2 & 5 express trains at the Church Ave station, providing quick access to Manhattan.
This Development site has tremendous opportunity for the right developer;
Lot: 3,863 sqft
FAR: 2.43Zoning:
R6 (MODERATE DENSITY RESIDENTIAL) Overlay C2-3
Lot Size: 28.92' X 133.59' IRR
Buildable: 9,387
Owner motivated All cash offers considered (Please verify buildable sqft with your Architect)