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Potential Real Estate Development in Brooklyn

Started by polonskyoleg
over 11 years ago
Posts: 11
Member since: Feb 2012
Discussion about
Good evening. I am trying to figure out if this potential project makes sense. R6 zoning. Lot size is 18 X 80 = 1,440SF. Maximum buildable SF is 3,531. Corner lot. Would this work for a 3-unit walk-up condo? Is there a chance of fitting 3 parking spots there? I am estimating that in this area (undisclosed) I can get 315 per square foot (total SF, not usable). Based on the potential 3,531 buildable SF, the purchase price would come up to roughly $119 per square foot. What is the rough estimate of construction costs, etc. per square foot? Thank you,
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