651 Pine St

651 Pine St. is situated in the East New York neighborhood of Brooklyn, a rapidly evolving residential submarket characterized by ongoing redevelopment, improving infrastructure, and increased private and public investment. The area features a predominantly residential streetscape with a mix of multifamily housing, local businesses, and emerging new development activity, supporting continued long-term growth. The location offers strong transit accessibility, with convenient access to the New Lots Avenue station (L train) and the Pennsylvania Avenue station (3 train), providing direct connectivity to Downtown Brooklyn and Manhattan. The surrounding neighborhood also includes a range of daily amenities, retail corridors, and community services, further enhancing its appeal for residential redevelopment and investment.Asset CRG Advisors, LLC, has been exclusively retained to market 651 Pine St., a development opportunity located in the East New York neighborhood of Brooklyn. The property consists of a 2,000-square-foot vacant lot, offering a clean site for ground-up residential development in one of Brooklyn's steadily evolving neighborhoods. Zoned R5, allowing for approximately 3,000 buildable SF under Standard zoning and 3,300 buildable SF within the Predominantly Built-up Area (PBA), presenting an excellent opportunity for residential redevelopment. The site benefits from efficient lot dimensions and is well-positioned to capitalize on East New York's ongoing public and private investment, making it an ideal opportunity for developers seeking long-term value in a growing market.