Fully Rezoned Development Site
C4-4D zoning with MIH allows ~75,600 buildable SF and up to 84 residential units as-of-right.
Prime Transit-Oriented Location
Direct adjacency to major transit lines supports strong residential absorption, retail performance, and long-term demand.
Attractive Mixed-Use Program
14-story residential tower with 6,000–8,000 SF of ground-floor commercial suitable for retail or medical tenancy.
Tax-Abated Structure
MIH compliance enables eligibility for 421-a / 485-x abatements and city financing, materially enhancing cash flow.
Healthcare Optionality
Ground-floor configuration and zoning support outpatient or ambulatory medical users, offering durable tenancy upside located 5-blocks from Jamaica Hospital Medical Center.
Scarcity Value
One of few large, entitled, institutional-scale development sites remaining in Jamaica’s North Core.
Location is in the neighborhood of the Jamaica Hospital Medical Center. Ground-floor configuration.
171 Morgan Avenue 171 Morgan Avenue, Brooklyn, NY 11206 REQUEST OFFERING MEMORANDUM PROPERTY DETAILS 171 Morgan Avenue is located on the corner of Scholes Street and Morgan Avenue in the East Williamsburg neighborhood of Brooklyn, NY. The subject property is a 10,000 SF warehouse building standing on a 100.33 ft x 99.67 ft,…
