Commercial Land
598 Sterling Place Brooklyn, NY 11238
Details & Description
Price: $1,425,000
    Asset CRG Advisors, LLC has been exclusively retained to market 598 Sterling Pl, Brooklyn, NY 11238, a free market development opportunity on the border of prime Crown Heights/Prospect Heights.The property is located two blocks from Prospect Park, Brooklyn Botanic Garden and The Brooklyn Museum. Ideal boutique condo development with 5,240 buildable square feet.Comparable condo sellouts are at $1300+ per square foot. Property is located around the corner from the Franklin Ave Corridor. The property is well positioned with great access to public transportation, being near Park Place [S] Subway Station and Franklin Av-Medgar Evers College [2,3,4,5].Property has set the asking price at $1,425,000.
    Property Highlights
     The property is also located two blocks from Prospect Park, Brooklyn Botanic Garden and The Brooklyn Museum.
     Prime location, located around the corner from the Franklin Ave retail Corridor.
    Additional Photos
    Listing Agents
    Sadya Liberow

    O: 646-363-6175
    M: 347-762-4055
    sadya@assetcrg.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    598 Sterling Place

    Brooklyn, NY 11238

    Development Opportunity

    Listing ID: 304267
    • 598 Sterling Place Brooklyn, NY 11238 | for Sale | Photo 1
    • 598 Sterling Place Brooklyn, NY 11238 | for Sale | Photo 2
    • 598 Sterling Place Brooklyn, NY 11238 | for Sale | Photo 3
    • 598 Sterling Place Brooklyn, NY 11238 | for Sale | Photo 4
    • 598 Sterling Place Brooklyn, NY 11238 | for Sale | Photo 5
    • 598 Sterling Place Brooklyn, NY 11238 | for Sale | Photo 6
    598 Sterling Place | for Sale | Thumbnail 1
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    598 Sterling Place | for Sale | Thumbnail 6
    Building Size: --
    Lot Size: 0.060 AC
    Land Size: 2,620 SF
    Building $/SF:
    Land $/SF: $543.89
    Price
    $1,425,000
    Property Highlights
    Development opportunity on the border of prime Crown Heights/Prospect Heights.
    Prime location, located around the corner from the Franklin Ave retail Corridor.
    The property is also located two blocks from Prospect Park, Brooklyn Botanic Garden and The Brooklyn Museum.
    Ideal boutique condo development with 5,240 buildable square feet.
    Comparable condo sellouts are at $1300+ per square foot.
    Property is located near Park Place [S] Subway Station.
    Property is also located near Franklin Av-Medgar Evers College [2,3,4,5].
    Description

    Asset CRG Advisors, LLC has been exclusively retained to market 598 Sterling Pl, Brooklyn, NY 11238, a free market development opportunity on the border of prime Crown Heights/Prospect Heights.

    The property is located two blocks from Prospect Park, Brooklyn Botanic Garden and The Brooklyn Museum.

    Ideal boutique condo development with 5,240 buildable square feet.

    Comparable condo sellouts are at $1300+ per square foot.

    Property is located around the corner from the Franklin Ave Corridor.

    The property is well positioned with great access to public transportation, being near Park Place [S] Subway Station and Franklin Av-Medgar Evers College [2,3,4,5].

    Property has set the asking price at $1,425,000.

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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    New York History of Commercial Land for Sale

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    Brooklyn Area Market Trends

    Listing Demographics for 598 Sterling Place Brooklyn, NY 11238

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population162,7541,299,3872,776,598
    Population Median Age383637
    Population by Age0-9 Yrs17194 (10%)169355 (13%)348869 (12%)
    10-19 Yrs12517 (7%)142898 (10%)303787 (10%)
    20-29 Yrs29316 (18%)227253 (17%)463984 (16%)
    30-39 Yrs36223 (22%)236427 (18%)481697 (17%)
    40-49 Yrs22046 (13%)165969 (12%)350700 (12%)
    50-59 Yrs17219 (10%)141079 (10%)316219 (11%)
    60-69 Yrs13756 (8%)112153 (8%)263792 (9%)
    70+ Yrs14483 (8%)104254 (8%)247549 (8%)
    Median HH Income$87,549$67,988$71,051
    Total Household Income< 24K12476 (17%)118323 (23%)236999 (21%)
    25-49K9802 (13%)86338 (16%)182167 (16%)
    50-74K8869 (12%)68605 (13%)143210 (13%)
    75-99K8671 (12%)56514 (11%)119253 (11%)
    100-199K19073 (26%)116198 (22%)249895 (23%)
    200K+12110 (17%)64288 (12%)149707 (13%)
    Highest Education LevelNo Diploma12487136634312500
    Diploma or GED19447204488443281
    Some College14943120691240666
    Assoc. Degree579849678108596
    Bachelors Degree39072229007495871
    Higher Degree32831161841341347
    Total Housing Units77,057553,1601,188,820
    --Owner-Occupied18,101124,724303,550
    --Renter-Occupied52,900385,543777,681
    Owner-Occupied Values< 100K415403310203
    100-199K24225926524
    200-299K273375610712
    300-399K484762517622
    400-499K6871008725870
    500K+1599996631232618
    Total Working Age Population137,2471,038,7932,240,250
    In Work Force98,991693,3811,462,310
    Not In Work Force38,256345,412777,940
    Workforce Employed93,311646,3261,371,583
    Workforce Unemployed5,67846,82890,160
    Civlian Workforce98,989693,1541,461,743
    Military Workforce2227567
    Total Households71,001510,2671,081,230
    Family Households34,042283,498614,492
    Non-Family Households36,959226,769466,738
    Married Couple21,636160,194383,980
    Other Family12,405123,305230,512
    Married w/Child9,51673,243167,381
    Single Male w/Child6858,30116,721
    Single Female w/Child3,42540,22872,637

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Hudson County608,975+4634,266+12708,100+6747,400
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Queens County2,229,37902,230,722+92,436,549+52,565,268
    Kings County2,465,326+22,504,700+92,738,283+52,863,996
    New York County1,537,195+31,585,873+61,688,894+21,727,631

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 598 Sterling Place in Brooklyn?
    The asking price for 598 Sterling Place is $1,425,000
    How much land does the Brooklyn, NY property at 598 Sterling Place include?
    598 Sterling Place in Brooklyn includes 0.060 acres of land
    What kind of Land is the propery at 598 Sterling Place?
    The property at 598 Sterling Place Brooklyn, NY 11238 is listed as a Apartment Land Land property
    What is the population within 1 mile of 598 Sterling Place in Brooklyn?
    The population within 1 mile of 598 Sterling Place Brooklyn, NY 11238 is 162,754 people.
    Who do I contact for questions about 598 Sterling Place?
    You should contact the listing agent, Sadya Liberow, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    La Guardia Airport (LGA) 8
    John F Kennedy International Airport (JFK) 10
    Newark Liberty International Airport (EWR) 11