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118 Utica Ave, Brooklyn, NYC

Home › Listings › Brooklyn › 118 Utica Ave

$350,000
Active 70 days on market
MLS# 1043473

118 Utica Ave

📍 Brooklyn, Brooklyn, NY 11213

Other
Type

About this property

Vacant lot nestled between Bergen Street and St. Marks Avenue — Block 1354, Lot 47 — offering approved plans to build two beautiful, multi-level residences. This is a rare chance to acquire a shovel-ready development site in one of Brooklyn's most vibrant neighborhoods, with the design work, drawings and approvals already completed and in hand. Lot size is 13.17 x 50.67. Zoning is R6. Annual taxes are $1,200 with no tax abatement in place, which keeps the current carrying cost low while a buyer moves toward construction. The approved architectural plans include two spacious units. Unit 1 spans three levels and includes exclusive access to a private backyard, giving the lower res
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Amenities & features

SHOVEL READY DEVELOPMENT SITEPRIVATE BACKYARDPRIVATE ROOFTOP OASISTWO UNIT CONFIGURATIONFAVORABLE R6 ZONING

Key facts

Favorable r6 zoning
Private backyard

Property details

Property typeOther
Listing statusActive
Lot size667 sqft
Days on market70 days
MLS #1043473

Estimated monthly payment

Listing price$350,000
Down payment (20%)$70,000
Loan amount$280,000
Principal & interest (7%, 30yr)$1,862/mo
Property tax (est.)$340/mo
Home insurance (est.)$145/mo
Estimated total$2,347/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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