4316 Avenue D, NY
Corner Development Opportunity - R4 Zoning
Overview
Key Highlights
- Lot SF 7,800
- Zoning R4
- Location Corner
- Lot Dimensions 80’ x 97.6’
- Transportation Served by 2 and 5 Subway Lines
Investment Highlights
Ariel Property Advisors presents 4316 Avenue D, a rare corner development opportunity in the heart of Brooklyn’s East Flatbush neighborhood.
The property consists of a 7,800 sq. ft. vacant parcel that is currently used as a parking lot. The site measures 80’ along Avenue D and 97.5’ along Troy Avenue, yielding 177.5’ of combined wraparound frontage.
Located at the center of East Flatbush—a neighborhood known for a distinctive blend of suburban charm and urban convenience—future residents of 4316 Avenue D will benefit from the property’s convenient access to a host of local retailers, restaurants and neighborhood amenities.
It also enjoys great access to mass transit via the B8 bus line along Avenue D, which provides a convenient connection to the 2/5 train at Flatbush Avenue subway and other bus routes.
With R4 zoning, 4316 Avenue D is a premier opportunity for developers to bring much needed housing to a growing, supplied constrained Brooklyn neighborhood that has recently seen several successful new residential projects come online. The site and location are particularly well suited for new townhouse construction, or a new multifamily property that capitalizes on the 485-X program, whether for rentals or condominiums.
4316 Avenue D represents a outstanding opportunity for residential developers seeking a boutique townhouse, rental or condominium project in the heart of Brooklyn.
The property consists of a 7,800 sq. ft. vacant parcel that is currently used as a parking lot. The site measures 80’ along Avenue D and 97.5’ along Troy Avenue, yielding 177.5’ of combined wraparound frontage.
Located at the center of East Flatbush—a neighborhood known for a distinctive blend of suburban charm and urban convenience—future residents of 4316 Avenue D will benefit from the property’s convenient access to a host of local retailers, restaurants and neighborhood amenities.
It also enjoys great access to mass transit via the B8 bus line along Avenue D, which provides a convenient connection to the 2/5 train at Flatbush Avenue subway and other bus routes.
With R4 zoning, 4316 Avenue D is a premier opportunity for developers to bring much needed housing to a growing, supplied constrained Brooklyn neighborhood that has recently seen several successful new residential projects come online. The site and location are particularly well suited for new townhouse construction, or a new multifamily property that capitalizes on the 485-X program, whether for rentals or condominiums.
4316 Avenue D represents a outstanding opportunity for residential developers seeking a boutique townhouse, rental or condominium project in the heart of Brooklyn.
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