264 9Th St Brooklyn, NY 11211
Current Use by Public Records
- Land
Property Details for 264 9Th St
- Property type
- Land
Description
This exceptional 2,500 square foot lot at 264 N 9th Street in Brooklyn, New York (zip code 11211) presents a unique opportunity for both developers and end-users. Located in the desirable North Williamsburg neighborhood, this property boasts mixed-use zoning (R6A/M1-2/MX-8/IH), offering significant development potential. Developers can leverage the as-of-right Floor Area Ratio (FAR) of 2.7, allowing for up to 6,750 buildable square feet. Further expansion is possible, reaching up to 9,000 buildable square feet with the inclusionary bonus and/or purchase of inclusionary housing certificates. The property currently features a two-family home and a 450 square foot above-grade garage, a rare find in this area. For end-users, this presents a chance to renovate and expand the existing structure while retaining the valuable private parking. The existing building has been meticulously maintained for many years. This is a truly rare opportunity in a highly sought-after neighborhood where comparable properties are scarce. The asking price for this property is $3,600,000. Condos in the area are selling for over $1,500 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9531
- Latitude
- 40.7166
