51,000 BSF Residential Development Site in Crown Heights

For Sale

725 St Marks Ave, Brooklyn, NY 11216

This Brooklyn property for sale is located at 725 St Marks Ave. Contact the listing broker for details on the current sale price for 51,000 BSF Residential Development Site in Crown Heights. 51,000 BSF Residential Development Site in Crown Heights is situated on a lot that is 13,058 square feet in size.

Contacts

broker
Andrew Manasia

TerraCRG

broker
Thomas Horrigan

TerraCRG

broker
Daniel Lebor

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.

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Getting around

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  • 94/100

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Location

  • City Brooklyn, NY
  • Neighborhood Crown Heights
  • Zip Code 11216

Points of Interest

  • Nostrand Avenue Station Entrance

    0.21 miles

  • Kingston–Throop Avenues

    0.52 miles

  • Franklin Avenue

    0.52 miles

  • Kingston Avenue

    0.53 miles

  • International Car Service

    0.84 miles

  • Eastern Parkway - Brooklyn Museum

    0.85 miles

  • Eastern Parkway–Brooklyn Museum

    0.86 miles

  • Bedford–Nostrand Avenues

    1.02 miles

  • Crown Heights–Utica Avenue

    1.02 miles

  • Norwood Car & Limo

    1.06 miles

  • BP

    0.30 miles

  • Xpress Lane

    0.30 miles

  • Shell

    0.34 miles

  • Mobil

    0.38 miles

  • Sunoco

    0.78 miles

  • Tesla Supercharger

    0.84 miles

  • Speedy Gas

    1.10 miles

  • Revel

    1.66 miles

  • plugNYC

    1.88 miles

  • EVgo

    2.00 miles

  • The Brooklyn Museum and Botanic Garden

    0.89 miles

  • Underhill Garage

    0.91 miles

  • Cielo Garage

    1.05 miles

  • Rapid Park

    1.23 miles

  • Kings County Parking Garage

    1.37 miles

  • Garfield Garage

    1.52 miles

  • Car Park Systems

    1.83 miles

  • Ultra Car Park Systems

    1.90 miles

  • Edison ParkFast

    2.22 miles

  • Havens Place Lot

    2.34 miles

  • The Brooklyn Riviera Hostel

    0.12 miles

  • La Quinta

    0.25 miles

  • The Brooklyn Hotel

    0.28 miles

  • Mirage Brooklyn

    0.32 miles

  • Illumination Bed & Breakfast

    1.10 miles

  • Artel 535

    1.60 miles

  • Holiday Inn Express

    1.61 miles

  • Condor Hotel

    1.62 miles

  • Marina Hotel

    1.78 miles

  • Union Hotel

    1.83 miles

  • Key Food Urban Market

    0.07 miles

  • Wholesome Farms Market

    0.21 miles

  • MET

    0.24 miles

  • Bravo

    0.36 miles

  • Super Foodtown Of Bed-Stuy

    0.38 miles

  • Food Garden Market

    0.40 miles

  • Union Market

    0.46 miles

  • Beyond 2 Natural Market

    0.46 miles

  • Key Food

    0.52 miles

  • Lincoln Market

    0.53 miles

In-Depth Research Available for this Property

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.

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