517 Georgia Ave Brooklyn, NY 11207

Listing agency Asset CRG Advisors, LLC s***@assetcrg.com Show Phone

Listed by Sadya Liberow · License #NY

Source Crexi

Added: Apr 11 Updated: Jul 21 at 1:38AM Checked: Jul 21 at 8:38AM

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Investment Insights

Based on property information with market context.

This development site includes 10,296 square feet of development rights. Approved plans are in place for construction of 2-7 unit buildings, with the interior already demolished in preparation for the approved alteration work.

The project is described as an Alteration type 1, rather than ground-up development. Interested parties can review the approved plan set and alteration scope to confirm timing and next steps for permitting and construction.

Because the interior has already been demo’d, the site is positioned to move forward with the remaining work under the existing approvals for the planned multi-unit configuration.

Key Highlights

• Development site with 10,296 sq ft of development rights
• Approved plans for 2‑7 unit buildings
• Interior demolition already completed (alteration type 1)

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FAQs

What type of property is this?

Multifamily property - Development site with approved plans for 2-7 unit buildings and interior demolition already completed.

Where is this multifamily property located?

The property is located at 517 Georgia Ave Brooklyn, NY.

What are key features of this property?

This property features: Development site with 10,296 sq ft of development rights; Approved plans for 2‑7 unit buildings; Interior demolition already completed (alteration type 1)