Requirement: Developer/Investor must sign the "Confidentiality Agreement" prior to receiving additional information. 1611 East New York Ave presents a compelling redevelopment opportunity in a densely populated Brooklyn corridor with strong residential demand and improving neighborhood fundamentals. The site is well-positioned for a midrise residential-led project with retail or community space at street level, targeting renters and owner-occupiers seeking transit-accessible housing and neighborhood services. The project offers upside via unit mix optimization, adaptive reuse (if existing structure is salvageable), and modern amenity packages that outperform older stock.