Residential Development in Prospect Park South

27 E 18th Street

Prospect Park South

Cross Street Caton Ave/Church Ave
Lot SF 3,019
Zoning R7A
Request More Info
Would you like to know more?

I would like to be contacted:

Are you in a 1031 Exchange?

Residential Development 27 E 18th Street, Prospect Park South
Andrew Manasia
Have Andrew contact you

Want Andrew to contact you?

I would like to be contacted:

Are you in a 1031 Exchange?


FAR 4.0
ZFA 12,076


TerraCRG has been retained to exclusively represent ownership in the sale of 27 E 18th Street – a 12,000 BSF development site located in a great residential neighborhood just below Prospect Park.

The offering presents the opportunity for a residential condo development zoned R7A with 4.0 FAR. The existing 3,200 SF mixed-use building is currently vacant.

The 124 ft x 48 ft site is located between Caton and Church Ave retail corridors with access to the B and Q trains on the corner as well as the 2 and 5 trains a few blocks east. Served by bustling avenues, commercial property in greater Flatbush is being coveted for the current population density and future growth opportunities. National tenants in the area such as Planet Fitness, Chase and IHOP along with thriving local businesses and major attractions, such as Prospect Park and Kings Theater, provide diverse commercial amenities.

Central Brooklyn and the area south of Prospect Park is one of the last areas in the borough with significant and immediate upside in rents and condominium prices, currently averaging about $1000/sf sellouts and $60/sf rents. This has made Central Brooklyn one of the most attractive areas for new ground up boutique and luxury development.


Planet Fitness

Brooklyn Neighborhood Guides

Our neighborhood guides tell you everything you need to know about Brooklyn, from comprehensive market data to the best places to eat, shop and play.

Learn More >