Crown Heights Gas Station Marketed as Development Site
Another Brooklyn gas station may bite the dust. In Crown Heights, Massey Knakal is marketing a BP station on Bedford between Lincoln and Eastern Parkway as a development site, according to Real Estate Weekly. The 110,200-square-foot corner site at 1525 Bedford Avenue, also known as 1519 Bedford Avenue, has 500 square feet of frontage and…
Another Brooklyn gas station may bite the dust. In Crown Heights, Massey Knakal is marketing a BP station on Bedford between Lincoln and Eastern Parkway as a development site, according to Real Estate Weekly.
The 110,200-square-foot corner site at 1525 Bedford Avenue, also known as 1519 Bedford Avenue, has 500 square feet of frontage and offers 110,203 buildable square feet. A potential developer could get an additional 34,201 square feet by including affordable housing.
Although there isn’t an asking price, “industry sources” tell REW the property could fetch up to $30,000,000. The sellers, a family that’s owned the property since 2002, think a buyer could build a mixed-use building that would house workers for tech companies, creatives and nonprofits. GMAP
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