MultiFamily Property at 649 Pine Street in Brooklyn

Asset CRG Advisors, LLC has been exclusively retained to market 649 Pine St., a two-story, two-family building located in the East New York neighborhood of Brooklyn. The property sits on a 2,000 square foot lot with a two-story brick/masonry building that will be delivered vacant and in need of a full gut renovation, offering significant flexibility for repositioning, expansion, or redevelopment.

Zoned R5, allowing for approximately 3,000 buildable SF as-of-right and approximately 1,400 SF of unused FAR, offering additional value through potential transfer to neighboring lots. The property features efficient lot dimensions and strong redevelopment potential in a neighborhood experiencing continued public and private investment and growth.