3 Unit Development Site Brooklyn
Investment Highlights
Downtown Brooklyn dev site corner 4 adjacent 3 family buildings each 3300sqFt built attached + 1 legal 9 family 7000sqFt built (20ksqFt total & 21 units) fully vacant zoned C6-4 with 10FAR as of right (62,500sqFt) and 75ksqFt with programs. There is a 99year lease on the land. Normal sale owner asking $11m negotiable ($176psft)
Location
📍 Brooklyn
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
Got a deal of your own?
Approved off-market listings earn a week of our premium Crezly membership and other perks.
Who finances deals like this
The lenders with the most recorded development site mortgages in Brooklyn since 2021, from public ACRIS filings.
- Bcc Funding Crf LLC — 9 loans, typically $530K–$1.01M
- S3 Re 19 Clay St Funding LLC — 3 loans, typically $6.89M–$38.74M
- Vestibule Holdings, LLC — 3 loans, typically $5M–$50.78M
- 83 Wythe Senior Investors, L.p. — 3 loans, typically $3.32M–$48.81M
- Oak Bushwick LLC — 3 loans, typically $1.2M–$15.7M
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
