54 Fane CT Brooklyn, NY 11229

Owner Financing or co-development options available! Residential Lot with approved plans for a 2-family home. This 1,785 SF virgin lot of land is located in the sunny, quiet, marina neighborhood of Gerritsen Beach. The zoning is R4 which allows you to build a home with a floor area ratio of 0.75 which is great on its own, but we have approved plans for a 1,380 SF, 2-family home that comes out to a floor area ration of 0.77 – approved! The design of this future, cozy two family home at 1,380 SF includes a ground-floor, 690 SF garage & cellar with 2-car parking and room for storage, a 2nd floor 2-bedroom, 1 bath apartment. You have the opportunity to go straight to the building phase and build your dream home or work with your architect on any changes to make your dream home a reality. Current real estate taxes are $92.42 per month, so at that rate you could take your time if you wanted to.

With convenient access to the B31 bus route, playgrounds, baseball fields, little leagues, a skatepark, shopping, groceries, and a supermarket all on Gerritsen Avenue, this could be the perfect opportunity to build your cozy beach home or build your first development for a sale next year or add to your rental portfolio.

The owner is willing to perform owner financing as well as co-development. It's all up to your expertise and skill. Will be able to review the approved plans with you. Feel free to drive by the lot and neighborhood anytime and then schedule a visit