$11,200,000
Updated 11 years ago
Off Market

189-195 17th Street

Prospect Park South, Brooklyn | 4th Ave & 5th Ave

Development Site

$11,200,000
ZoneC2-4
Building TypeDevelopment Site

Building Amenities

  • Elevator

Property Description for 189-195 17th Street

The Corcoran Group is pleased to announce that it has been exclusively retained to facilitate the sale of the development/conversion site located at 189-195 17th Street in bustling Park Slope South/Greenwood Heights, Brooklyn. Just off of 4th Avenue, the subject property is comprised of an assemblage of four contiguous townhomes on the North side of 17th Street, immediately upon the R train stop at Prospect Avenue, which accommodates over 18MM riders annually, offering hi-visibility for retail, if desired and ease-of-access for residential buyers/renters. Each of the four lots are 19’.5” x 80’.17”, offering a combined frontage of approximately 80’ along 17th Street. A rare combination of C2-4, R8A, EC1 zoning with a maximum FAR of 7.2. Offered at: $15,750,000. This offering presents visionary developers and builders of all types an opportunity to respond to New York’s insatiable appetite for luxury condo and rental property. Consider becoming a part of the reshaping of 4th Avenue and its transformation into “The Park Avenue of Brooklyn”. As pioneering projects have been selling out and boundaries continue to push Westward, this lovely emerging community is making a character of its own and becoming a hotspot as some of the best restaurants, boutiques and cafes continue to open up along the 4th Avenue corridor. Please note: Zoning analysis provided by Design 2147. Note: Corcoran is not an architect or a real estate attorney, all interested buyers should confirm the information provided.

Listing History for 189-195 17th Street

Now
10/17/2015
POM by Lisa S. Sulfaro
Corcoran
07/19/2015
TOM by Lisa S. Sulfaro
Corcoran

Building Details for 189-195 17th Street

OwnershipDevelopment Site
Building TypeDevelopment Site
Learn More About the Building

Transit and Citi Bike

Subway

Prospect Av
0.04 miles
4 Av-9 St
0.41 miles
25 St
0.42 miles

Citi Bike

4 Ave & 17 St
0.05 miles
16 St & 4 Ave
0.1 miles

Contact Agent

Contact Agent

Lisa Sulfaro
Corcoran

Prospect Park South | Brooklyn

Quick Profile

Charming tree-lined blocks, grand homes, and grassy center esplanades - Prospect Park South feels more like a quiet suburb than Brooklyn, the most populated borough in New York City. 

The small landmarked neighborhood in south Brooklyn is bounded by Coney Island Avenue to the southwest, Ocean Avenue to the northeast, Prospect Park to the south, and Beverly Road to the south. 

Don’t let the suburban vibe of Prospect Park South fool you, urban grit awaits you just outside the neighborhood's boundaries. It’s about a 45-minute commute to Manhattan on the B, Q, or F train or a short walk to livelier neighborhoods. Prospect Park South is flanked by Windsor Terrace, Kensington, Ditmas Park, and Flatbush. It’s the best of both worlds. 

The history of the neighborhood starts with its original developer, Dean Alvord. If it wasn’t for his unique vision, Prospect Park South may have never blossomed into what it is today. In 1899 Alvord wanted to take advantage of Brooklyn’s newly created railway system that connected the borough. He purchased farmland and began building the neighborhood, which began as a six-block-by-two-block swatch of land with grand homes. Many of the houses were Victorian-inspired. Alvord marketed the neighborhood as a slice of country in the big city and the rest is pretty much history. 

Prospect Park South is a few blocks bigger these days. Its grand Victorian-style homes still define the neighborhood. Other architectural styles found in the nabe include Colonial, French Revival, and Spanish Mission. Apartments and a few prewar co-ops complete the neighborhood's housing stock. 

There aren’t too many places to shop in Prospect Park South but you might find a few spots in the commercial areas along Coney Island Avenue and Church Avenue. The suburban setting of Prospect Park South is popular with young families, which is why they’ve flocked there for the last decade.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 57756TH