1099 Ocean Ave Brooklyn, NY 11230

This is an 11,000 sq. ft. corner development site located at the crossroads of Midwood, Fiske Terrace, Ditmas Park, and Flatbush. The property is improved by a 4,700 sq. ft. religious facility with 210 feet of wraparound frontage, including 100 feet on Ocean Avenue and 110 feet on Farragut Road. Zoned R7A, the site allows up to 44,000 BSF, or 55,000 BSF with the UAP program. There are two options for proposals: the first option is a community facility buy-back, where the developer builds out the full site and delivers the seller a 5,000 sq. ft. white-box community facility condo in the new building, consisting of multipurpose meeting space, two offices, and storage space. The second option is to subdivide and build, where the seller retains the existing approximately 4,800 sq. ft. church, and the developer builds residential units on the approximately 6,490 sq. ft. corner parcel. Future residents will benefit from convenient access to Brooklyn College, local historic districts, and commercial corridors. This location offers developers an opportunity to deliver housing in a well-connected Brooklyn neighborhood.