Meridian Capital Group
Meridian Investment Sales

850 Saint John’s Place

South side of St. John’s Place between Nostrand Avenue & New York Avenue
Crown Heights, Brooklyn, NY

PRIME REDEVELOPMENT OPPORTUNITY | VACANT MIXED-USE BUILDING | CROWN HEIGHTS

Type Mixed-Use, Full Gut-Renovation Needed
Neighborhood Crown Heights, Brooklyn, NY
Lot Size 1,955
Zoning Code R6A / C2-4
Size 3,080 SF
Stories 2

Investment Highlights:

850 Saint John’s Place offers an investor or developer a rare opportunity to acquire a vacant 3,080 square foot mixed-use building with significant value-add potential – the building will require a full gut renovation or redevelopment.

There are excess air rights of 2,785 square feet with a total buildable square footage of 5,865. The adjacent building was redeveloped into a five-story boutique condo building, completed in 2020 and completely sold out.

The property is located in the burgeoning neighborhood of Crown Heights, Brooklyn, only two blocks from the [2,3,4,5] trains at Nostrand Avenue. Contact exclusive agents for more information.

  • 100% VACANT MIXED-USE BUILDING
  • IDEAL DEVELOPMENT / REDEVELOPMENT OPPORTUNITY
  • PRIME CROWN HEIGHTS LOCATION
  • 5,865 BUILDABLE SQUARE FEET – R6A / C2-4 ZONING
  • LOW TAXES LOCATED 2 BLOCKS TO THE [2,3,4,5] TRAINS AT NOSTAND AVENUE STATION
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