Land for sale
$43,000,000 - Brooklyn NY 11225Brooklyn NY 11225
Land for sale
- Price: $43,000,000
- Reference No.: 71595601
Advertisement
Overview
This is a trophy development opportunity in the coveted Crown Heights neighborhood of Brooklyn, just moments away from Prospect Park. This 15, 735 SF corner gem boasts 3 sides of street frontage and carries R7-1 zoning with a C2-3 overlay, offering excellent scale and abundant development possibilities. As-of-right, a developer can build up to 75, 528 ZFA by allocating a portion of the floor area toward community facility use. Future ownership will also include a retail component and leverage the sites 354 feet of wrap-around street frontage. Foundation work has been completed, allowing the developer to take advantage of the new extended 421-a program and substantially reducing the development timeline. Current ownership is undergoing a ULURP process to secure a rezoning. Preliminary plans have been prepared for a one-of-a-kind 249, 000 SF mixed-use project. Contact exclusive agents for additional information and due diligence. The immediate area is undergoing unprecedented transformation. A 328 unit mixed-use building just topped out on the adjacent lot.Across the street on both sides of the block, two other 7-story developments are in progress. The property benefits from proximity to Brooklyns Prospect Park and excellent connectivity by car or public transport. 2, 5 trains are accessible 1 block away at Sterling Street, while the Prospect Park B Q station is minutes away with connection to the C train via the shuttle line. B43 and B44 buses stop within minutes of the property. Extremely rare opportunity to acquire a mixed-use site with a vast number of development possibilities and unparalleled scale, nestled on a tree-lined block in a neighborhood undergoing rapid transformation. Madison Estates Sotheby's International Realty - The Franzese Group and Revived Commercial have Co-Listed this property. For more details and to contact: https://realtyww.info/land-lots_brooklyn-d523175/for-sale_i71595601Land Brooklyn
This Land for sale is located at Brooklyn NY 11225. The home has . This Land in Brooklyn NY is for sale for $43,000,000 .
Disclaimer
2024-05-08, Viewed 0 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-05-08, Viewed 0 times.
Search more listings
- Top 20 3 bedroom house for sale lakeland fl renovated
- Top 10 2 bedroom house for sale lakewood co den
- Top 10 1 bedroom apartment for rent avondale az parking
- Top 10 3 bedroom house for rent albuquerque nm shopping
- Top 20 2 bedroom apartment for rent hollywood fl microwave
- Top 100 3 bedroom apartment for rent raleigh nc fireplace
- Top 10 3 bedroom house for sale west des moines ia fireplace
- Top 20 3 bedroom house for sale greenville sc renovated
- Top 10 2 bedroom house for sale gainesville fl backyard
- Top 10 2 bedroom apartment for rent leesburg va internet
- Top 100 2 bedroom apartment for rent montréal qc laundry
- Top 50 2 bedroom apartment for rent pasadena tx dishwasher