$350,000
Active
70 days on market
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
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.



