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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.

Crown Heights

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1337 Sterling Place, Brooklyn, NY

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