991 Eastern Pky - Residential LAND FOR SALE


Brooklyn, NY 11213- Crown Heights10,385 SF
$4,500,000 USD
646-363-6175
991 Eastern Pky, Brooklyn, NY for Sale
$4,500,000 USD
Residential LAND - FOR SALE
1/12
10,385 SF

991 Eastern Pky
Brooklyn, NY 11213
Crown Heights


HIGHLIGHTS

  • Prime Eastern Parkway frontage with strong visibility and traffic
  • Previously approved plans included three separate buildings totaling 39 condominium units.
  • Property is within walking distance of the Utica Avenue [2, 3, 4, 5] train station.
  • Up to ~59 residential units achievable under UAP program.

OVERVIEW

Asset CRG Advisors is pleased to present 991 Eastern Parkway, a 10,386 SF through-lot with 66 ft of frontage on Eastern Parkway and an additional 28 ft on Lincoln Place. The property is partially improved, with foundation work done and the existing façade reinforced, allowing a developer to step in and save both time and construction costs. Zoned R6, the site offers approximately 28,129 buildable SF as-of-right and up to 40,505 buildable SF under UAP, allowing for a project of roughly 59 residential units. Located along Eastern Parkway near the Utica Avenue (2, 3, 4, 5) subway lines, the property benefits from strong visibility, accessibility, and continued development activity throughout Crown Heights. This is a straightforward development opportunity with real scale, in-place work completed, and a clear path to execution in one of Brooklyn’s most active submarkets.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/ACRE

$18,878,928/AC

PRICE/SF

$433 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.24 AC

LAND SF

10,383 SF

OFFSITE IMPROVEMENTS

-

ZONING

R6

APN/PARCEL ID

01389-0023

ASK ABOUT THIS PROPERTY

Sadya LiberowAsset CRG Advisors LLCMore Info
646-363-6175

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Sadya LiberowAsset CRG Advisors LLCMore Info
646-363-6175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.