Here’s an idea for someone a little more adventurous than your typical brownstone buyer. This 5,000 square foot warehouse at the corner of Richards and King Streets in Red Hook is now available for $1.4 million. Though you wouldn’t know it by looking at the photo, it’s actually zoned for residential. Since it’s an R5 zone, though, the FAR is only 1.25, making it less interesting to a developer. But for a ballsy, well-heeled owner, converting this could be a fantastic project. Imagine the possibilities. What do people think about the price of a little more than $200 per buildable foot?
146 Richards Street [Frank Galeano] GMAP P*Shark