32-40 Nevins
Street is a 124.5’ x 60’ development site comprising two vacant lots
located on the northwest corner of Nevins and Schermerhorn Streets in
Downtown Brooklyn. The site lies within a C6-4/DB zoning district with
an FAR of 10.0, allowing for 74,700 SF of buildable rights for the
potential development of residential, commercial or hotel use. The
current zoning also allows for an inclusionary housing bonus of 2.0 FAR,
allowing for 89,640 SF of buildable rights. The subject has approved
plans for a 13-story hotel containing 203 guest rooms.
The
property is also situated in the Special Downtown Brooklyn District
(DB), which as been established to promote and support the continued
growth of Downtown Brooklyn as a unique mixed-use area. Historically the
economic, civic and retail center of the borough, Downtown Brooklyn is
the city’s third largest central business district surrounded by
historic residential neighborhoods. The location and diverse zoning
regulations represent a unique opportunity for any future residential,
commercial or community development.
Click here for listing details.
Neighborhoods: Downtown Brooklyn/ Agents: Stephen Palmese