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Property Description

Exceptional development opportunity on a 3,720 sq ft lot (30′ x 126.67′) with R6 zoning, allowing for flexible multifamily construction subject to DOB and zoning approval. Previously approved plans (per DOB) called for an 8-unit, 8,595 sq ft building with four stories plus a penthouse—ideal for condo sellout or rental income (subject to approval). Some structural work has already been completed, including demolition, excavation, foundation, and early-stage steel framing up to the second floor, subject to inspection and verification. Located in a rapidly growing pocket of Crown Heights with strong market fundamentals and new developments nearby, this site offers a rare chance to enter into a partially completed project with significant upside.

Features
Lot Features:
See Remarks
Sewer:
Other
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Property and Construction
Elementary School:
New Bridges Elementary School
High School:
Pathways Tech Early College High Sch
Agent MlsId:
177494
Office MlsId:
DERE57
MiddleOrJunior School:
School Of Integrated Lrning (the)
Special Listing Conditions:
Real Estate Owned
Tax Annual Amount:
$11,079
PhotosCount:
4

Land For Sale

1337 Sterling Place, New York, NY

$1,099,900
Listing ID #898688
Basic Details
Property Type :
Land
Listing ID :
898688
Price :
$1,099,900
Bathrooms Total :
0
Status :
Active
Status :
Active
Listing Office :
Douglas Elliman Real Estate
Listing Agent :
Richard B. Drury
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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