141 Tompkins Ave

Mixed-use three-unit brick building currently configured as six residential apartments with front and rear units. Legal use consists of two residential units and one commercial space, with the potential to convert to a legal four-unit building with ground-floor retail. Situated on an R6A/C2-4 zoned lot, the property currently utilizes approximately 1.41 FAR and offers approximately 2,767 square feet of additional buildable area. Subject to architect review and governmental approvals, the site may present a redevelopment opportunity for up to nine residential units utilizing available air rights, potentially consisting of seven free-market apartments and two inclusionary housing units. The building is delivered with four of the six residential units vacant, while the remaining occupied units are month-to-month. The current configuration includes five one-bedroom apartments and one studio apartment. The three-story brick building contains approximately 2,451 square feet, measures 20.42' x 40', and sits on a 20.42' x 85' lot totaling approximately 1,740 square feet. Additional features include a large rear yard, landlord-paid utilities, and significant free-market upside through the unused development rights. Located in a prime Bed-Stuy location near the Myrtle Avenue retail corridor and offering convenient access to the J, M, and Z subway lines, the property presents an excellent owner-user, value-add, or redevelopment opportunity. Buyers should conduct their own due diligence regarding legal use, configuration, zoning, and future development potential.