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$5,000,000

For Sale

23,210 ft²

$215 per ft²

1 room

Studio

1 bath

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Listing by Mendy Realty Inc, Corporate Broker, 1558 Carroll Street, Brooklyn, NY 11213

Common charges

Not applicable

Estimated payment

Arrow icon$27,536/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

$1,924/mo

Tax abatement

No info

About

Seller’s agent

/

Mendy Lipsker

Licensed Real Estate Broker

Mendy Realty Inc

description

The Crown Development Opportunity
548–552 East New York Avenue, Brooklyn, NY 11225

Residential Development Site in Crown Heights

The Crown Development Opportunity offers a rare chance to acquire an 8,190 sq. ft. development site in the Crown Heights neighborhood of Brooklyn. The property provides up to approximately 24,570 buildable square feet under the Quality Housing Program, allowing for a 7-story residential building with around 34–40 units (subject to approvals).

Policies

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Home features

No info on home features

Building amenities

No info on building amenities

About the building

552 East New York Avenue

552 East New York Avenue, Brooklyn, NY 11225

Two-family house in Wingate

2 units

2 stories

1910 built

Property history

  • Price Change: ↓ $500,000 (-9.1%) on 11/18/25
  • Days on market: 45 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

11/18/2025

$5,000,000

Price decreased by 9%

10/20/2025

$5,500,000

Listed by Mendy Realty Inc

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Transit

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