Active

5 Sumpter Street

New York City NY, 11233

$1,295,000


$518.00 per sqft

Active

2,500 sqft

Town House

5 Sumpter Street is a tremendous development opportunity totaling 16,250 buildable square feet or 10,500 buildable without a community facility. This is a fantastic opportunity for those looking to develop condominiums, rentals or a mixed-use project that is conveniently located next to express A & C trains in the bustling pocket of Bedford-Stuyvesant, Brooklyn. Both rentals and sales continue to thrive in the neighborhood and this is a great chance for someone to add even more value to a prosperous location.

25' x 100 lot size
R7D Zoning
6.5 FAR with CF
4.2 FAR without CF
With commercial overlay 16,250 Buildable Square Feet
Without community facility 10,500 Buildable Square Feet

5 Sumpter Street can also be packaged and sold with completely separated 15 Sumpter Street as well. This is an identical 25' x 100' vacant lot with the same development rights and would total a buildable of 32,500 with commercial facility or 21,000 without it. An amazing opportunity for those looking to add rentals or a new condominium project to the neighborhood.

5 & 15 Sumpter Street can each be sold separately or as a package
Please make sure to consult with your architect/attorney when evaluating buildable square footage

Contact us today for full setup/survey

RPLU-33421646735

MLS ID

March 10, 2022

Listed

February 27, 2024

Updated

Map

5 Sumpter Street
New York City NY, 11233

Interior Features

Total Stories

1


Laundry Description

In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.06 Acres

Other Property Details

Garage

No


View

No


View Description

Other


County

Kings


Pool

No


Buyer Agency Compensation

2%

Courtesy of Corcoran Group with Daniel Kandinov, Natalia Kaminskaya
Listing Contact: (646) 483-8600 

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

©2024 The Real Estate Board of New York, Inc., All rights reserved

Data last updated 8:08 PM UTC, 2/27/2024

 

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