Crown Heights Multifamily Development Site for up to 24 units
Overview
A development site which has an as-of-right zoning entitlement
to 16,646 SF.
Currently on-site is a vacant (2) story apartment building consisting of 4
residential units.
The Property is vested under the 421-a(16) Affordable New York Housing Program.
This allows the project to be completed by June 15, 2031, to qualify for the 35-year tax abatement. After June 15, 2026 only Option A and Option B are available.