**Property Description:**
Situated in the vibrant Canarsie section of Brooklyn, this property boasts a sizable 77,000 square foot lot with an existing building comprising 33,000 square feet of ground floor space and an additional 15,000 square feet in the basement. The location offers excellent visibility and accessibility, making it an attractive investment opportunity.
The lot is zoned R5 with a portion of it (around 30,000 SF ) having a overlay of C2-3, this combination gives the site several potential options,
Residential - 97,000
Community Facility - 155,200
Commercial - 30,205
**Potential Options:**
Option 1
Utilize the existing building and redevelop or sell the remainder of the lot, the existing building is in excellent condition and can be used for,
- Retail
- School
- Medical Offices
- Traditional Office Space
Option 2
- Redevelop the entire lot for:
- Medical Facilities with over 155,000 SF of buildable allowance
Option 3
- Redevelop the entire lot for:
- Residential with 97,000 SF of buildable allowance