530 St. Marks Avenue, Crown Heights, Brooklyn | Development | $2,100,000

Home/Investment Sales/Exclusive Investment Sales/530 St. Marks Avenue, Crown Heights, Brooklyn | Development | $2,100,000

530 St. Marks Avenue, Crown Heights, Brooklyn | Development | $2,100,000


Offering Memorandum


  • Vacant lot in the Crown Heights neighborhood of Brooklyn.
  • The lot consists of 3,469 square feet.
  • Property consists of 11,968 residential development as of right or up to 15,957 buildable square feet via the Inclusionary Housing Bonus.
  • Property has preliminary plans for an
    eight-story, 16-unit building.
  • Property previously had MTA approval.
  • Condo sell outs are between $1,100 to $1,200 in the neighborhood.
  • Due diligence available upon request.
  • Property is located near Franklin Avenue [C,S] Train Station.
  • Zoning: R7A
  • F.A.R (IH Bonus): 3.45 (4.60)
  • Total Buildable (IH Bonus): 11,968 (15,957) SF +/-
  • Cross Streets: Franklin Avenue & Classon Avenue
  • Price Per Buildable Square Foot ~ $175.47
  • Inclusionary Housing Bonus ~ $131.60
  • The asking price is set at $2,100,000 ~ please speak to exclusive agents for more details

Additional Information

Asset Type





Crown Heights


Sadya Liberow, Yuriy Ustoyev





Get in Touch for More Details

    Name (required)
    Yes, I would like to receive listing updates from Asset Commercial Realty Group.

    Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.

    Contact Info

    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com