The opportunity presented is very rare and unique in NYC. Own a legal VACANT clean Single Room Occupancy building within the heart of hot St.George.Whether used as a 7 unit SRO or restored to full former potential of 9 plus units the opportunities are endless. Some are developing the property on this beautiful tree lined block to either a many unit multi family apartment or condo building. The zoning and it's as of right allowances let you develop to a robust 1.35 FAR in this R4 district that is only moments away from the incredible renaissance of all happening within in this booming North Shore corridor. The real opportunity here for this coveted asset is the federally mandated NYSERDA - NY Prized OPPORTUNITY ZONED is only one of three in all of S.I within the prized 8700 in all U.S.
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