1740 & 1742 Bergen St, Brooklyn, NY 11233

Highlights:

• Two adjacent vacant lots in the Crown Heights neighborhood of Brooklyn.
• Total lot area of 3,408 SF with 8,282 buildable SF and 13,291 SF with City of Yes.
• Located in a Qualified Opportunity Zone, offering potential tax advantages.
• Ideal for residential development in a growing community.
• Close to the Ralph Ave [A, C] Subway Station and B15, B65, B47 bus routes.

Description:

Asset CRG Advisors has been exclusively retained to market 1740 & 1742 Bergen St, Brooklyn, NY 11233, two adjacent development sites located in the Crown Heights neighborhood of Brooklyn. Together, the properties offer a combined 3,408 SF of lot area, zoned R6, with 8,282 buildable square feet as-of-right and up to 13,291 buildable square feet with the City of Yes zoning initiative. These vacant lots present a prime opportunity for residential development in a high-demand area. The sites are located near the Ralph Ave [A, C] Subway Station and serviced by the B15, B65, and B47 bus lines, providing strong connectivity across Brooklyn and into Manhattan.

1740 & 1742 Bergen St are located in the Ocean Hill section of Brooklyn, a neighborhood experiencing steady residential and commercial growth. The properties are conveniently situated near the Ralph Ave [C] subway station, offering direct access to Downtown Brooklyn and Manhattan. The area features a mix of low-rise residential buildings, local businesses, and community amenities, making it an increasingly attractive location for development and investment.