722 Lafayette Ave Brooklyn, NY 11221

Property Details for 722 Lafayette Ave

Property type

Commercial real estate

Description

This exceptional 1,917 square foot vacant lot, located at 722 Lafayette Avenue in the heart of Brooklyn's Bedford Stuyvesant neighborhood, presents a unique opportunity for development. Zoned R6B, this 18.9 ft x 100 ft parcel allows for the construction of a substantial 3,780 square foot building, plus the potential addition of a recreation room in the basement. Imagine creating a stunning custom home or a lucrative condo project within this thriving community. Bedford Stuyvesant is renowned for its charming tree-lined streets, beautiful brownstones and Victorian architecture, offering a blend of historic character and modern convenience. The property's ideal location provides easy access to Herbert Von King Park, excellent schools, diverse shopping options, and a vibrant culinary scene. Commuting is a breeze with proximity to multiple subway lines, including the G train at Myrtle Ave-Willoughby Ave and Bedford Ave-Nostrand Ave, and the J, M, and Z lines at Myrtle Avenue. Estimated annual property taxes are $2,168, and estimated annual insurance is $2,000. Don't miss this chance to build your future in one of Brooklyn's most desirable neighborhoods. This is a truly exceptional opportunity to acquire a prime piece of land in a highly sought-after location. Act quickly, as properties like this are rarely available.