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TerraCRG

TerraCRG

TerraCRG
Property Details
- Property Type Land
- Property Size 13,058 SF
- Lot Size 13,058 SF
- Date Updated Apr 9, 2025
TerraCRG has been exclusively retained to represent ownership in the sale of 725 St Marks Avenue, a prime residential development site with fully DOB Approved Plans in Crown Heights between Nostrand Avenue and New York Avenue.
The 13,058 SF lot (100 ft x 130.58 ft) is currently vacant land, providing the opportunity for immediate redevelopment. The site is zoned R6 with most of the lot providing the wide street 3.0 base FAR and the remaining portion providing the narrow street 2.2 base FAR, blending to a 2.81 adjusted base FAR which yields 36,728 ZFA as-of-right. Additional zoning enhancements from the City of Yes Universal Affordability Preference (UAP) framework allows up to 50,926 ZFA (3.9 FAR) for rental development subject to affordability requirements.
The site comes delivered with fully DOB approved plans for a 7-story condo development with 40 units - consisting of 4 studios, 20 one-bedrooms and 16 two-bedrooms - averaging ~800 Net SF as well as 20 parking spaces on-grade. Alternatively, the plans can be amended for rental development with a max unit count of about 75 units and no parking requirements.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Brooklyn, NY
- Neighborhood Crown Heights
- Zip Code 11216
Points of Interest
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Nostrand Avenue Station Entrance
0.21 miles
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Kingston–Throop Avenues
0.52 miles
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Franklin Avenue
0.52 miles
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Kingston Avenue
0.53 miles
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International Car Service
0.84 miles
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Eastern Parkway - Brooklyn Museum
0.85 miles
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Eastern Parkway–Brooklyn Museum
0.86 miles
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Bedford–Nostrand Avenues
1.02 miles
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Crown Heights–Utica Avenue
1.02 miles
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Norwood Car & Limo
1.06 miles
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BP
0.30 miles
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Xpress Lane
0.30 miles
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Shell
0.34 miles
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Mobil
0.38 miles
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Sunoco
0.78 miles
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Tesla Supercharger
0.84 miles
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Speedy Gas
1.10 miles
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Revel
1.66 miles
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plugNYC
1.88 miles
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EVgo
2.00 miles
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The Brooklyn Museum and Botanic Garden
0.89 miles
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Underhill Garage
0.91 miles
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Cielo Garage
1.05 miles
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Rapid Park
1.23 miles
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Kings County Parking Garage
1.37 miles
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Garfield Garage
1.52 miles
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Car Park Systems
1.83 miles
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Ultra Car Park Systems
1.90 miles
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Edison ParkFast
2.22 miles
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Havens Place Lot
2.34 miles
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The Brooklyn Riviera Hostel
0.12 miles
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La Quinta
0.25 miles
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The Brooklyn Hotel
0.28 miles
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Mirage Brooklyn
0.32 miles
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Illumination Bed & Breakfast
1.10 miles
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Artel 535
1.60 miles
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Holiday Inn Express
1.61 miles
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Condor Hotel
1.62 miles
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Marina Hotel
1.78 miles
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Union Hotel
1.83 miles
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Key Food Urban Market
0.07 miles
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Wholesome Farms Market
0.21 miles
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MET
0.24 miles
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Bravo
0.36 miles
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Super Foodtown Of Bed-Stuy
0.38 miles
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Food Garden Market
0.40 miles
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Union Market
0.46 miles
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Beyond 2 Natural Market
0.46 miles
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Key Food
0.52 miles
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Lincoln Market
0.53 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.