Contacts
TerraCRG
TerraCRG
Property Details
- Property Type Land
- Property Size 2,922 SF
- Lot Size 2,683 SF
- Year Built 1935
- Date Updated Feb 18, 2026
TerraCRG has been exclusively retained to represent ownership in the sale of 732 Prospect Place, a prime residential development opportunity located in the heart of Crown Heights between Rogers Avenue and Nostrand Avenue. The property is currently improved with a three-story structure and presents a compelling opportunity for redevelopment in one of Brooklyn’s most active residential corridors. The 2,683 SF lot (21 ft x 127.79 ft) is zoned R6A, allowing for 8,049 ZFA (3.0 FAR) as-of-right, with the ability to increase density to 10,464 ZFA (3.9 FAR) under the Universal Affordability Preference (UAP) program, subject to affordability requirements. This flexible zoning framework positions the site well for a boutique multifamily or mixed residential project. The property benefits from exceptional transit access, with both the Franklin Avenue and Nostrand Avenue subway stations within close walking distance, providing service to the 2, 3, 4, 5, A, and C lines for seamless connectivity to Downtown Brooklyn and Manhattan. Multiple bus routes service the immediate area, while proximity to major thoroughfares such as Eastern Parkway and Atlantic Avenue ensures convenient access throughout Brooklyn and beyond.
Reach out to the broker for more info on lease terms and amenities
Getting around
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88/100
Walk Score ®
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100/100
Transit Score ®
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94/100
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Crown Heights
- Zip Code 11216
- Market Brooklyn
Points of Interest
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Nostrand Avenue Station Entrance
0.35 miles
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Franklin Avenue
0.38 miles
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Kingston Avenue
0.62 miles
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Eastern Parkway - Brooklyn Museum
0.64 miles
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Eastern Parkway–Brooklyn Museum
0.65 miles
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International Car Service
0.69 miles
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Kingston–Throop Avenues
0.72 miles
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Norwood Car & Limo
1.00 miles
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Bedford–Nostrand Avenues
1.07 miles
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Classon Avenue
1.10 miles
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Shell
0.34 miles
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Mobil
0.36 miles
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BP
0.50 miles
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Xpress Lane
0.51 miles
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Tesla Supercharger
0.63 miles
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Sunoco
0.67 miles
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Speedy Gas
1.30 miles
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plugNYC
1.67 miles
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Revel
1.75 miles
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EVgo
1.80 miles
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The Brooklyn Museum and Botanic Garden
0.68 miles
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Underhill Garage
0.74 miles
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Cielo Garage
0.94 miles
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Rapid Park
1.02 miles
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Garfield Garage
1.32 miles
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Kings County Parking Garage
1.37 miles
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Car Park Systems
1.61 miles
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Ultra Car Park Systems
1.69 miles
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Edison ParkFast
2.09 miles
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NYPD Brooklyn Tow Pound
2.35 miles
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The Brooklyn Riviera Hostel
0.09 miles
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The Brooklyn Hotel
0.33 miles
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La Quinta
0.34 miles
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Mirage Brooklyn
0.53 miles
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Illumination Bed & Breakfast
1.03 miles
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Condor Hotel
1.65 miles
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Union Hotel
1.66 miles
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Sonder: The Industrialist
1.66 miles
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Towneplace Suites
1.70 miles
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Fairfield Inn
1.70 miles
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Key Food Urban Market
0.14 miles
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MET
0.19 miles
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Union Market
0.27 miles
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Food Garden Market
0.29 miles
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Wholesome Farms Market
0.32 miles
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Bob & Betty's Food Market
0.34 miles
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Key Food
0.35 miles
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Bravo
0.47 miles
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Beyond 2 Natural Market
0.47 miles
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Atlantic Center
1.38 miles