Closed 03/08/2012

22,270 Buildable Square Feet Development Site For Sale

650-654 Bergen Street

Prospect Heights

Closed 03/08/2012 at
$2,700,000

Buildable SF 22,270
Zoning C1-4/R7A/R6B
Lot Size 65 ft x 131 ft
Cross Streets Vandebilt and Underhill Avenues
Subways
2
3
Other Transportation
One stop from Barclays Center, Long Island Rail Road
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Development 650-654 Bergen Street, Prospect Heights
Melissa Warren
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Details

Block-Lot 1145-15/16
Lot SF 8,515
Building Class V1,V0
FAR 2.00-4.00

Overview

The development site at 650-654 Bergen Street is now offered for sale. The property is located in prime location on Bergen Street between Vanderbilt Avenue and Underhill Avenue in thew Prospect Heights neighborhood of Brooklyn. The residentially zoned site has a footprint of 65 ft x 131 ft allowing for a total buildable of approximately 22,270 SF.

The property is located in a prime Prospect Heights location, just off of Vanderbilt Avenue and walking distance from Prospect Park, The Brooklyn Museum, Brooklyn Public Library, The Brooklyn Botanical Garden as well as Atlantic Mall and the under construction Barclays Center.

Prospect Heights has seen tremendous transformation over the last decade with many condo developments, strong retail and a strong brownstone sales market that is rivaling neighboring Park Slope. In just a few years, Vanderbilt Avenue has been established as a true retail destination.

Four express subway lines (2,3,B,Q) make the commute to Manhattan in 15-25 minutes which made the area a favorite of professionals working in Manhattan and a real contender to neighboring Park slope. The property is also located just one stop from Atlantic Terminal with access to the D,M,N,R,B,Q,2,3,4,5 Train plus the Long Island Rail Road.

Attractions

Prospect Heights is a neighborhood in the northwest of the New York City borough of Brooklyn. The interior portion of the neighborhood consists mostly of brownstone-style residential rowhouse buildings, some built as early as 1890, although some blocks, such as Lincoln and St. Johns place between Underhill and Washington Avenues,include larger multi-apartment buildings. Though it is invariably thought of as up-and-coming, Prospect Heights is in fact a fairly well-established and diverse middle-class outpost. It offers excellent train access to Manhattan, a bounty of green space thanks to Prospect Park, and reasonable rental prices.

Prospect Park
Prospect Park Zoo
Brooklyn Botanical Garden
Barclays Center
Brooklyn Museum
Brooklyn Public Library

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