Overview

TerraCRG has been exclusively retained to represent ownership in the sale of 972-974 Dean Street, a prime 3-story commercial building in Crown Heights, located within the proposed Atlantic Avenue Mixed-Use Plan (AAMUP) formally known as MCROWN. Positioned between Classon and Franklin Avenues, the property is directly across from the nearly completed 953 Dean Street new construction project and adjacent to 1000 Dean Street, one of Brooklyn’s most sought-after creative office spaces.

The 6,490 SF lot (54 ft x 120 ft) is currently improved by a 3-story warehouse, which will be delivered vacant, providing a rare opportunity for immediate redevelopment. Under the proposed M1-4/R6A rezoning, the property could allow for 25,311 buildable SF (3.9 FAR), enabling a mixed-use residential and commercial development under the City of Yes initiative and Mandatory Inclusionary Housing (MIH) framework.

This offering represents a rare opportunity to invest in a high-growth neighborhood with strong redevelopment potential in one of Brooklyn’s most dynamic commercial corridors.