1456 Bedford Avenue, Brooklyn, NY, 11216

Highlights

• Development opportunity in Crown Heights, Brooklyn.
• Property consist of 8,100 buildable square feet as-of-right.
• Potential for additional air rights to be transferred from neighboring properties.
• Property was previously subject to a regulatory agreement, which has since received a certificate of completion.
• Excellent transit access via 2, 3, 4, 5 subway lines and B48, B49 bus routes.
• Located in a rapidly appreciating neighborhood with strong market demand.
• Close to local shops, restaurants, and community amenities.

Description

Asset CRG Advisors has been exclusively retained to sell 1456 Bedford Avenue, a development opportunity in one of Brooklyn’s most dynamic and rapidly appreciating neighborhoods. This site is 2,700 square feet, with an as-of-right buildable area of 8,100 square feet. It is ideal for a ground-up rental or condo development project. With excellent access to public transportation, including the 2, 3, 4, and 5 subway lines at Franklin Avenue, as well as the B48 and B49 bus routes, the property offers seamless connectivity to Manhattan and other parts of Brooklyn. Surrounded by a thriving community, local amenities, and growing commercial activity, this site presents an exceptional opportunity for investors and developers aiming to maximize returns in a high-demand location.

Located at 1456 Bedford Avenue in Brooklyn, NY 11216, this property is situated in the vibrant Crown Heights neighborhood. Crown Heights is renowned for its rich cultural diversity, historic brownstone architecture, and a strong sense of community. The area offers a variety of amenities, including local shops, restaurants, and parks, contributing to a lively urban lifestyle. The property benefits from excellent public transportation options, with the 2, 3, 4, and 5 subway lines accessible at the nearby Franklin Avenue station, providing convenient connections to other parts of Brooklyn and Manhattan. Additionally, the B48 and B49 bus routes serve the vicinity, enhancing mobility for residents.