Price Reduced 8.34%
Price History
$1,200,000
8/7/2025
$1,099,900
10/30/2025
1337 Sterling Place, Brooklyn, NY
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.
Status:
Pending
Type:
Lot / Acreage
Acreage:
0.09
Est. Taxes:
$11,079
Current Use
Commercial, Multi-Family
Lot Description:
See Remarks
Elementary School:
New Bridges Elementary School
Middle School:
School Of Integrated Lrning (The)
High School:
Pathways Tech Early College High Sch
School District:
Community District 17
Days on Market:
189
MLS #:
898688
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Douglas Elliman Real Estate 631-877-8989