Development Site Ocean Hill
Investment Highlights
On the border of BedStuy & Ocean Hill Dev site / covered land 150x200 lot 210ksqFt buildable (4.66FAR) delivered fully vacant asking $39.95m negotiable ($190psft)
Location
📍 Ocean Hill
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
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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.
