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15 Sumpter Street
Bedford Stuyvesant, Brooklyn | Patchen Ave & Fulton Street
Development Site
$1,295,000
$1,295,000
Updated 3 years ago
Off Market

15 Sumpter Street

Bedford Stuyvesant, Brooklyn | Patchen Ave & Fulton Street

Development Site

$1,295,000
floors3
Lot Size25'x100'
Building TypeLow-Rise

Property Description for 15 Sumpter Street

15 Sumpter Street is a tremendous development opportunity totaling 16,250 buildable square feet or 10,500 buildable without a community facility. This is a fantastic opportunity for those looking to develop condominiums, rentals or a mixed-use project that is conveniently located next to express A & C trains in the bustling pocket of Bedford-Stuyvesant, Brooklyn. Both rentals and sales continue to thrive in the neighborhood and this is a great chance for someone to add even more value to a prosperous location.

25' x 100 lot size
R7D Zoning
6.5 FAR with CF
4.2 FAR without CF
With commercial overlay 16,250 Buildable Square Feet
Without community facility 10,500 Buildable Square Feet

15 Sumpter Street can also be packaged and sold with completely separated 5 Sumpter Street as well. This is an identical 25' x 100' vacant lot with the same development rights and would total a buildable of 32,500 with commercial facility or 21,000 without it. An amazing opportunity for those looking to add rentals or a new condominium project to the neighborhood.

15 & 5 Sumpter Street can each be sold separately or as a package
Please make sure to consult with your architect/attorney when evaluating buildable square footage

Contact us today for full setup/survey

Listing History for 15 Sumpter Street

Now
04/01/2023
Expired by Daniel Kandinov
Corcoran
01/18/2023
$1,295,000 [-$100,000] [7.2%]
Price Drop by Daniel Kandinov
Corcoran
Load More

Building Details for 15 Sumpter Street

OwnershipDevelopment Site
Building TypeLow-Rise
AgePost-War
AccessWalk-up
Year Built2007
Floors3
Learn More About the Building

Contact Agents

Contact Agents

Daniel Kandinov
Corcoran
Natalia Kaminskaya
Corcoran

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. 

More

Featured on the Linecity Blog

The MEDIAN

Manhattan | January 2022

According to New York City records, the median price for an apartment in Manhattan in the month of January was $1,200,000. The price represents an increase of 11.3% from last year’s median price of $1,077,500. The number of sales increased from 801 to 1,056 representing a year-over-year increase of 31.8%. What exactly does $1.2 millio...

posted on February 17, 2022
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: 83778TH
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