~16,985 BSF Proposed Residential Development Site
653 Bergen Street
Prospect Heights
Closed 4/29/2015 at
$4,789,400
Proposed Building SF
16,985
Proposed Cellar Loss Factor SF
1,530
Proposed Net Sellable SF
14,803
Zoning
c1-4/R7A/R6
Lot Size
5,834 SF
Cross Streets
Vanderbilt Avenue & Underhill Avenue
Subways
a
c
d
n
r
2
3
Other Transportation
Long Island Rail Road
Long Island Rail Road
Details
Block
1138
Lot
77
Lot Size
40 ft x 110 ft
Building Class
F9
FAR
2.2-4.0
Overview
TerraCRG has been retained to sell the development site located at 653 Bergen Street in Prospect Heights. The site is located on Bergen Street, just off Vanderbilt Avenue. The proposed plans call for 16,985 SF of residential condos, configured as seven 4-bedroom, luxury, floor-through residences. In a market that is driven by demand for large, family-style units, the site provides a unique opportunity to build a high-end boutique building that is going to stand out in an area crowded by large projects.Attractions
Prospect Heights has seen tremendous transformation over the last decade. In just the past few years, the area has seen luxury condo developments, strong retail and a robust brownstone sales market that is rivaling neighboring Park Slope with some brownstones fetching over $1,000/SF.
Pacific Park
Brooklyn Botanic Garden
The Brooklyn Museum
718-489-8333