New to the market ... 159 Ludlow, which is currently going for $2.5 million.
A 25 wide vacant lot which is off the corner of Stanton Street. The lot has 4,250 square feet of buildable air rights. The property is in a neighborhood that is undergoing lots of development. There is also a lot of demand for retail space for bars and restaurants and art galleries. This zoning allows commercial as well as residential development. This property is a prime development opportunity or a great user opportunity. For a user they can build a nice town house or use the lot for parking. The seller can get a variance for the buyer to build under the old zoning.
"Use the lot for parking"? $2.5 million seems kind of spendy for three spaces.
ReplyDeleteHa! True, l.e.s.ter. But you never know...
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ReplyDeletehere we go again...
ReplyDeletelet's chip in and buy it and turn it into a no-yuppie zone
ReplyDelete