Development Site at 708 Monroe Street Brooklyn for Sale

Asset CRG Advisors is pleased to present a prime development opportunity at 708 Monroe Street in Bedford-Stuyvesant, Brooklyn. This 2,042 SF lot offers 4,084 buildable square feet, with potential to expand up to 4,901 BSF under the City of Yes zoning initiative.

The property comes with approved plans for a sixunit residential building, and its foundation is already 85% complete, allowing a new owner to begin vertical construction quickly and efficiently.

Located in a thriving residential pocket of BedfordStuyvesant, the site provides convenient access to the Utica Avenue [A, C] and Gates Avenue [J, Z] Subway Stations. The surrounding area is home to a strong mix of national and local retailers, including McDonald’s, Dunkin’, Walgreens, and Bravo Supermarkets, offering future residents excellent amenities in one of Brooklyn’s most dynamic and evolving neighborhoods.