Updated 19 hours ago
Bedford Stuyvesant, Brooklyn | Franklin Ave & Bedford Ave
3,750 Square FeetDevelopment Site

$2,900,000
floors2
Lot Size25'x100'
ZoneR6B
Building TypeLow-Rise
RE Taxes$19,326
Price Per SF
$773

Building Amenities

  • Voice Intercom

Property Description

Prime development opportunity-173 Lexington Avenue is a two floor warehouse industrial building, with R6B Zoning, sitting on 2,500 SF lot with frontage on the popular Lexington Avenue between Franklin/Bedford in prime Bed-Stuy. 173. Lexington Avenue is located within easy reach of Bedford-Nostrand and Classon Avenue Subway station Architecture plans completed by a New York State registered architect for a four story building consisting of 7 apartments with approx. 4,947 buildable SF. Located along Lexington Avenue between Franklin/Bedford Avenue this industrial property is surrounded by popular eateries, cafes, and bars including Clementine Bakery, Greenbergs Bagels and Dynaco. Detailed Architectural plans are available on request. Plans have not been submitted to the DOB for approval. Renderings are for illustration. only.

Listing History

Now
02/02/2023
Back on the Market by Peter Kirwan
Compass
02/01/2023
Expired by Peter Kirwan
Compass

Building Details

OwnershipDevelopment Site
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors2
Learn More About the Building

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

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: 88132TH