Greene Avenue Double-Wide Lot Up for Sale

As noted by this Brooklynian post, the empty lot at 262-264 Greene Avenue, between Classon and Grand avenues, is up for sale. (Right next door to slow-selling condo building 270 Greene Avenue.) The listing says the 4,838-square-foot lot comes with 9,676-square-feet of buildable space. It’s already zoned for residential development. Should be an interesting gauge of price for development rights in the nabe.
Listing: 262-264 Greene Avenue [Terra CRG] GMAP

One Comment

  • The units in 270 were filled between late 2011 and earlier this year. It’s filled today. The only “problem” with the development is that it was initially put on the market in the midst of a recession, and the developer yanked the properties rather than go the rent or ‘rent-to-own’ route.