Description

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
Listing courtesy of Corcoran Group ...
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