Trophy Prospect Lefferts Garden Crown Heights Development
16,000 SqFt
Marketing description
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 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
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