817 Avenue H
817 Avenue H is a 12,000 SF corner development site in Brooklyn's Midwood neighborhood, offered at $8,400,000. Recently rezoned to R7A/C2-4, the property permits up to approximately 60,120 SF of as-of-right residential floor area (FAR 5.01), making it a prime opportunity for substantial residential development. The lot sits at the prominent southeast corner of Avenue H and East 9th Street, positioned between Midwood and Flatbush with strong visibility and dual neighborhood access.
The 12,000 SF parcel is currently improved with a 9,762 SF building occupied by the Agudist Council of Greater New York. The recent rezoning significantly enhanced the site's density and development potential. Any residential project will be subject to Mandatory Inclusionary Housing (MIH) requirements, which mandate a designated portion of floor area remain permanently affordable under the applicable MIH option.
- Prime corner location with prominent frontage and visibility
- Recently rezoned to R7A/C2-4 permitting FAR 5.01 residential
- Approximately 60,120 SF of as-of-right residential floor area
- Strong neighborhood fundamentals in established Midwood/Flatbush submarket
- Substantial development potential for sizable residential project
Location
BKREA has been exclusively retained to arrange the sale of 817 Avenue H, a prime residential development opportunity at the southeast corner of Avenue H and East 9th Street in Brooklyn’s Midwood neighborhood. Positioned at the intersection of Midwood and Flatbush, the property benefits from prominent corner frontage, strong visibility, and a location within two well-established residential communities. The 12,000-square-foot lot is currently improved with an approximately 9,762-square-foot building occupied by the Agudist Council of Greater New York. Recently rezoned to R7A/C2-4, the site permits a residential FAR of 5.01 and a commercial FAR of 2.0, allowing for approximately 60,120 square feet of maximum as-of-right residential ZFA. The property is subject to Mandatory Inclusionary Housing (MIH) requirements, which require a designated portion of the residential floor area to be permanently affordable under the applicable MIH option. With its substantial development potential, enhanced density from the recent rezoning, prominent corner location, and strong neighborhood fundamentals, 817 Avenue H presents an attractive opportunity for developers seeking to create a sizable residential project in an established and demand-driven Brooklyn submarket.