A wood frame house at 157 Erasmus Street in Flatbush was recently listed for sale as a development site asking $2,500,000. The home, which could date from the mid-19th century, sits on an oversized lot measuring 50 by 142.08 feet — catnip to developers.
The R6 zoning and 2.20 FAR would allow a developer to replace the house with a 15,629-square-foot rental or condo building.
This lot will likely join others in what is a bit of a building boom on this tiny street (Erasmus runs only between Bedford and Nostrand). (more…)