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.
Property Features
School Information
School Information for 1337 Sterling Place, Brooklyn, NY
Elementary School
New Bridges Elementary School
Middle School
School Of Integrated Lrning (The)
High School
Pathways Tech Early College High Sch
Listing Courtesy: Douglas Elliman Real Estate - 516-621-3555