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. Offered as-is. Full DOB plans available upon request.
Foreclosure
$1,200,000
1337 Sterling Place, Brooklyn, NY
--beds
--baths
3,720Square Feet
Land
Built in ----
3,720 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Flexible multifamily construction
- 3 hours
- on Zillow |
- 54 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: 10 hours ago
Listing by:
Douglas Elliman Real Estate 516-621-3555,
Richard B. Drury 631-877-8989
Source: OneKey® MLS,MLS#: 898688

Travel times
Facts & features
Property
Lot
- Size: 3,720 Square Feet
- Dimensions: 30 x 126.67
- Features: See Remarks
Details
- Parcel number: 013710056
- Special conditions: Real Estate Owned
Utilities & green energy
- Sewer: Other
Community & HOA
HOA
- Has HOA: No
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $1,251,600
- Annual tax amount: $11,079
- Date on market: 8/7/2025
- Listing agreement: Exclusive Right To Sell
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