Marcus & Millichap have been exclusively retained by ownership to arrange the sale of 103 Empire Boulevard.
The development site located on the border of Crown Heights / Prospect-Lefferts Gardens. The block-through site between Empire Boulevard and Sullivan Place. The subject site is a 80 ft x 200 ft R6/C1-3, C8-2 zoned lot (Block: 1306 Lot: 37) and totals 16,000 square feet.
With the current zoning, and the city of Yes, the subject site can for up to a total of 80,000 buildable square feet.
103 Empire Boulevard is located three blocks away from both the Prospect Park subway station, serviced by the B, S & Q lines, and the Sterling Street subway station, serviced by the 2 & 5 lines.
Developers have the opportunity to purchase a strategically located development site in the popular Prospect-Lefferts Gardens / Crown Heights neighborhoods where commercial rents, residential rents, and property values remain strong.
The purchaser can capitalize on its close proximity to public transportation and Prospect Park.