Overview

TerraCRG has been retained to exclusively represent ownership in the sale of 456 Ovington Avenue, a development site located in Bay Ridge, Brooklyn.

This 9,260 vacant lot is zoned R3X (BR), which permits up to 0.5 Residential and 2.0 Community Facility FAR, allowing 4,630 Residential ZFA for a 1-2 family home or 18,520 ZFA for Community Facility. The site will be delivered with proposed plans for a 3-story community facility building with a cellar and 12 accessory open parking spaces.

The property sits in the diverse neighborhood of Bay Ridge, which has become densely populated over the years, attracting younger families alike. Due to this, the neighborhood has seen a significant increase in new development.

The site is a one-minute walk to the Bay Ridge Av subway station, serviced by the R line as well as a short walk to the Sunset Park/Brooklyn Army Terminal ferry, providing easy access to and from Manhattan and the rest of Brooklyn.