4
See all 4 photos
$1,200,000
Est. payment /mo
3,920 Sqft Lot
Active
1337 Sterling PL Brooklyn, NY
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 898688
HOA Y/N No
Rental Info No
Annual Tax Amount $11,079
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30x126.67
Source onekey2
Property Description
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.
Location
State NY
County Kings (brooklyn)
Interior
Fireplace No
Building
Lot Description See Remarks
Sewer Other
Schools
Elementary Schools New Bridges Elementary School
Middle Schools School Of Integrated Lrning (The)
High Schools Brooklyn 17
School District Brooklyn 17
Others
Senior Community No
Special Listing Condition Real Estate Owned
Listed by Douglas Elliman Real Estate