1129 Saint Marks Ave

1129 Saint Marks Avenue is a fully detached 2 family brick house situated in a qualified opportunity zone with an additional 4,754 square feet of air rights or 7,453 total buildable square feet available. This 1920 built home sits mid-block on an expansive 25 x 122 lot offering various possibilities for developers to renovate and expand or tear down for a new build. For a new build, you can look a few doors down at 1119 Saint Marks Avenue which is an 8 family building on a similar lot size. For end users, create the home of your dreams while also collecting rental income. The house is in need of a complete renovation and is being sold in as is condition. It will be delivered fully vacant.

As currently configured there is a garden/basement level, parlour level and 2nd floor. The basement level spans the entirety of the building and has been measured at 1090 square feet. The parlour level features two bedrooms, kitchen, dining and living room. The 2nd floor includes 3 bedrooms, kitchen, dining and living room. Please see the included floorplan for full dimensions and layout. A walk through video can also be provided upon request.

Multiple train lines are within close proximity (A, C, 2, 3, 4, 5), St. John's Park and various highly rated cafes and restaurants are all within a short radius. A bit further is the Brooklyn Children's Museum, Prospect Park, the Brooklyn Museum, Brooklyn Botanical Garden and the Prospect Park Zoo among many other attractions.

Here is the full building and lot information:

Lot information:

Zoning: R6
Lot size: 25 x 122
Lot sq ft: 3,067
Residential FAR: 2.43
Facility FAR: 4.8
FAR as built: .88
Maximum usable floor area: 7,453
Usable floor area as built: 2,688
Unused FAR: 4,754
Qualified opportunity zone
Annual taxes: $4,308

Building information:

Building dimensions: 20 x 65
Square feet: 2,688
Construction type: brick
Exterior wall: brick/masonry