Development Opportunity | 2 Multifamily Buildings | Tax Class Protected

Highlights:

• Rare 50' Wide Assemblage: Two semi-detached 4-family assets situated on a substantial 5,000 SF (50x100) combined footprint in the core of Borough Park
• Exponential Development Density: Unlock up to 24,518 BSF with a community facility, or leverage a 19,921 BSF residential envelope via UAP (Universal Affordability Preference)
• Versatile Exit Strategies: Perfectly positioned for a high-end Condo Sell-out or a 485-x tax-incentivized rental project utilizing 15,324 as-of-right BSF
• Proven Institutional Location: Nestled in a premier, family-oriented submarket renowned for elite schooling, diverse retail, and high residential absorption