Contacts
TerraCRG
TerraCRG
TerraCRG
TerraCRG
Property Details
- Property Type Land
- Property Size 3,272 SF
- Lot Size 3,019 SF
- Zoning R7A
- Additional Rent Contact for pricing
- Year Built 1935
- Date Updated Mar 19, 2024
TerraCRG has been retained to exclusively represent ownership in the sale of 27 E 18th Street – a 12,000 BSF development site located in a great residential neighborhood just below Prospect Park.
The offering presents the opportunity for a residential condo development zoned R7A with 4.0 FAR. The existing 3,200 SF mixed-use building is currently vacant.
The 124 ft x 48 ft site is located between Caton and Church Ave retail corridors with access to the B and Q trains on the corner as well as the 2 and 5 trains a few blocks east. Served by bustling avenues, commercial property in greater Flatbush is being coveted for the current population density and future growth opportunities. National tenants in the area such as Planet Fitness, Chase and IHOP along with thriving local businesses and major attractions, such as Prospect Park and Kings Theater, provide diverse commercial amenities.
Central Brooklyn and the area south of Prospect Park is one of the last areas in the borough with significant and immediate upside in rents and condominium prices, currently averaging about $1000/sf sellouts and $60/sf rents. This has made Central Brooklyn one of the most attractive areas for new ground up boutique and luxury development.
Reach out to the broker for more info on lease terms and amenities
Highlights
- R7A Zoning
- 4.0 FAR
- 12,000 BSF
- Busy Retail Corridors
- National Tenants in the Area
- Block from the Subway
- Prospect Park
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Prospect Park South
- Zip Code 11226
- Market Brooklyn
Points of Interest
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Beverley Road
0.46 miles
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Mex Cabs
0.59 miles
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Juniors Car Service
0.63 miles
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Fort Hamilton Parkway
0.66 miles
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Cortelyou Road
0.67 miles
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Church Ave
0.97 miles
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Church Ave Express Car Service
1.02 miles
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Norwood Car & Limo
1.04 miles
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Franklin Avenue
1.41 miles
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Flatbush Avenue–Brooklyn College
1.47 miles
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Shell
0.40 miles
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Speedway
0.40 miles
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Mobil
0.48 miles
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BP
0.49 miles
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Citgo
0.61 miles
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EVgo
0.86 miles
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Allegiance
0.89 miles
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Tesla Supercharger
1.34 miles
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plugNYC
1.63 miles
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FLO
2.28 miles
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Kings County Parking Garage
1.24 miles
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Car Park Systems
1.35 miles
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The Brooklyn Museum and Botanic Garden
1.38 miles
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Ultra Car Park Systems
1.39 miles
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Eastern Fruits and Vegetables
1.58 miles
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Rapid Park
1.59 miles
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Pathmark
1.70 miles
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Garfield Garage
1.71 miles
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US Postal Service
1.72 miles
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Underhill Garage
1.86 miles
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Brooklyn Vybe Hotel, Ascend Hotel Collection
0.40 miles
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Best Western Plus
1.13 miles
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Days Inn
1.38 miles
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Ramada
1.65 miles
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Holiday Inn Express
1.76 miles
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The Brooklyn Riviera Hostel
1.78 miles
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Knights Inn
1.79 miles
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Comfort Inn
1.95 miles
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King Hotel
1.97 miles
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Brooklyn Way Hotel Prospect Park
1.98 miles
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Mundo Supermaket
0.07 miles
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Bobby's Dept. Store
0.13 miles
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Target
0.17 miles
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Key Food
0.27 miles
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Ideal Food Basket
0.28 miles
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Pioneer
0.34 miles
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Associated Fresh
0.49 miles
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Sears
0.55 miles
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Flatbush Food Co-Op
0.65 miles
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Lincoln Market
0.71 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.