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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
    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.
    3 hours
    on Zillow
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    54
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    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#: 898688MLS Logo
    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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