$295,000
Updated 11 years ago
Off Market

98 Martin Luther King Jr Place

Bedford Stuyvesant, Brooklyn | Marcy Ave & Tompkins Ave

Development Site

$295,000
Lot Size25'x100'
ZoneR6
Building TypeVacant Lot

Building Amenities

  • Elevator

Property Description for 98 Martin Luther King Jr Place

The subject property is a mixed-use development site located in north Bedford Stuyvesant a few blocks from the Williamsburg border. The G train at the Myrtle-Willoughby stop is three blocks away offering access to Downtown Brooklyn within 5 minutes. This development site is perfect for a developer or small business owner looking to take advantage of this strong retail location.

Listing History for 98 Martin Luther King Jr Place

Now
09/18/2012
POM by Michael Amirkhanian
Cushman & Wakefield
09/06/2012
$295,000
Initial Price by Michael Amirkhanian
Cushman & Wakefield

Building Details for 98 Martin Luther King Jr Place

OwnershipDevelopment Site
Building TypeVacant Lot
Learn More About the Building

Transit and Citi Bike

Citi Bike

MLK Dr & Bramhall Ave
0.09 miles
Union St & Bergen Ave
0.21 miles

Contact Agents

Contact Agents

Michael Amirkhanian
Cushman & Wakefield
Robert Moore
Cushman & Wakefield

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

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: 45057TH