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Mixed-Use

Trophy Prospect Lefferts Garden / Crown Heights Development Site

103 Empire Blvd, Brooklyn, NY 11225

Listing Price: $14,250,000

Lot Size
0.37 acres
Price/Acre
$38,795,625
Land Type
Land

Investment Overview

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 go 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.

Investment Highlights

  • 16,000 SF Lot on Empire BLVD
  • The Zoning C8-2 / R6 / C1-3
  • Developers Have the Opportunity to Purchase a Strategically Located Development Site

Exclusively Listed By

Financing By

Mixed-Use

Trophy Prospect Lefferts Garden / Crown Heights Development Site

Listing Price: $14,250,000

Lot Size
0.37 acres
Price/Acre
$38,795,625
Land Type
Land

Investment Highlights

  • 16,000 SF Lot on Empire BLVD
  • The Zoning C8-2 / R6 / C1-3
  • Developers Have the Opportunity to Purchase a Strategically Located Development Site

Investment Overview

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 go 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.

Exclusively Listed By

Financing By

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