1337 Sterling Place, Brooklyn, NY Not Provided

$1,100,000

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Sold Price
$1,100,000
List Price
$1,099,900
Status
CLOSED
MLS#
898688
Closing Date
Mar 12, 2026
Foreclosure
Yes
Acres
0.09

Property Description

Exceptional development opportunity on a 3,720 sq ft lot (30' x 126.67') with R6 zoning, allowing for flexible multifamily construction subject to DOB and zoning approval. Previously approved plans (per DOB) called for an 8-unit, 8,595 sq ft building with four stories plus a penthouse—ideal for condo sellout or rental income (subject to approval). Some structural work has already been completed, including demolition, excavation, foundation, and early-stage steel framing up to the second floor, subject to inspection and verification. Located in a rapidly growing pocket of Crown Heights with strong market fundamentals and new developments nearby, this site offers a rare chance to enter into a partially completed project with significant upside.

Additional Information

Taxes
$11,079
Lot Size
3,720
Sewer
Other
Elementary School
New Bridges Elementary School
Middle School
School Of Integrated Lrning (The)
High School
Pathways Tech Early College High Sch

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Listing courtesy of Listing Agent: Richard B. Drury (Richard.Drury@Elliman.com) from Listing Office: Douglas Elliman Real Estate.

Listing courtesy of Richard B. Drury from Douglas Elliman Real Estate

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.