2 Unit Development Site Sheepshead
Investment Highlights
Homecrest / Sheepshead Bay Development Site Two adjacent 2-family properties on R7A-zoned lots (approx. 48' x 125' combined). Both buildings can be delivered vacant. Opportunity for assemblage and future multifamily/condominium development (no approved plans; all development potential subject to architect, expediter, and DOB review). 4.8m for both negotiable
Location
📍 Sheepshead
🔒 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 since 2021, from public ACRIS filings.
- Bcc Funding Crf LLC — 9 loans, typically $530K–$1.01M
- S3 Re 30-11 12TH Street Funding LLC — 4 loans, typically $405K–$8M
- G4 18267, LLC — 3 loans, typically $1.5M–$68.64M
- Pccp Lm Manager, LLC — 3 loans, typically $8.5M–$82.13M
- S3 Re 19 Clay St Funding LLC — 3 loans, typically $6.89M–$38.74M
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.
