Kensington Development Site — $3.5M | Crezly

31 Unit Development Site Kensington

$3,500,000 Development Site Off-Market ♡
Price$3,500,000
Units31
Asset TypeDevelopment Site
UploadedOct 28, 2026
🔒 Owner data for this area
Borough Park & Kensington
  • 2,700 owner phone numbers on file
  • 95 mortgages coming due in the next 12 months
  • 373 sales recorded in the last 12 months

Starter members get the owner name, phone and email, mortgage and sales history on every building here — so you can find the next deal before it is listed.

See the owners here → Starter $49.95/moCompare plans
📄 Download Offering Flyer (PDF)

Investment Highlights

Kensington Brooklyn 8,000sqFt corner lot R5 zone / QRS city of yes with 20ksqFt buildable 31 units as of right. No affordability requirements 485x eligible with 35 year tax exemption market units not rent stable. No parking requirements delivered fully vacant $3.5m negotiable ($175psft)

Location

📍 Kensington

🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.

Recent sales in Borough Park & Kensington

Nearby buildings from NYC public records. Click any address for its owner, sales and mortgage history.

Got a deal of your own?

Approved off-market listings earn a week of our premium Crezly membership and other perks.

List a Property

Who finances deals like this

The lenders with the most recorded development site mortgages in Brooklyn since 2021, from public ACRIS filings.

  1. Bcc Funding Crf LLC — 9 loans, typically $530K–$1.01M
  2. S3 Re 19 Clay St Funding LLC — 3 loans, typically $6.89M–$38.74M
  3. 83 Wythe Senior Investors, L.p. — 3 loans, typically $3.32M–$48.81M
  4. Oak Bushwick LLC — 3 loans, typically $1.2M–$15.7M
  5. 95 Rockwell 1 LLC — 4 loans, typically $8.3M–$16.47M
Match this deal to 93 lenders

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.

Run the numbers free →

Similar deals

♡
Brooklyn Development Site Development Site
$2,500,000
Development Site Brooklyn
Uploaded Oct 28, 2026Crezly Admin
♡
Broadway Junction 3 building package deal 6 Development Site
$2,895,000
6 Unit Development Site East New York
6 units
Uploaded Oct 23, 2026Crezly Admin
♡
Greenpoint Development Site Development Site
$5,000,000
Development Site Greenpoint
Uploaded Oct 23, 2026Crezly Admin
♡
Flatbush Development Site Development Site
$2,700,000
Development Site Flatbush
Uploaded Oct 20, 2026Crezly Admin
♡
Bedstuy Development Site Development Site
$2,750,000
Development Site Bedstuy
Uploaded Oct 16, 2026Crezly Admin
♡
Brooklyn Development Site Development Site
$2,100,000
2 Unit Development Site Brooklyn
2 units
Uploaded Sep 18, 2026Crezly Admin

Compare listings

Compare
Crezly Admin
  • Crezly Admin