Development Site Prospect Heights
Investment Highlights
Prospect Heights right off Classon Ave 22,250sqFt lot zoned M1-4a / R9A with 168ksqFt buildable as of right normal sale owner asking $50m negotiable ($297psft)
Location
📍 Prospect Heights
🔒 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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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.
