NEW YORK | 1535 Bedford Avenue | 115 FT | 10 FLOORS

Note: 110,203 buildable square feet; something to keep our eyes on. Might become something large for the area.

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.

Source: http://www.brownstoner.com/blog/2014/07/crown-heights-gas-station-marketed-as-development-site/?ic_source=ic-featured-frontpage-top

must be completed now

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