Clean Rite at 253 Empire (and Rogers) is for sale. For a cashiers check, not Quarters.

whynot_31

The
subject property is a corner mixed-use development site with potential
for 42,720 buildable square feet on the border of Crown Heights and
Prospect Lefferts Gardens. The site has 203’ of corner frontage of
Empire Boulevard and Rogers Avenue, one of the area’s most desirable
corridors. The site features a combined lot area of approximately 8,900
square feet of the site located within residential zoning (R6) with
commercial overlay (C1-3), which allows a maximum FAR of 3.0
as-of-right. A developer has the opportunity to further increase the
total buildable square footage via the Community Facility. If
implemented, the Community Facility bonus would add 16,000 square feet
to the site, increasing the maximum buildable to approximately 42,720
square feet. Public transportation is conveniently located nearby, just
2 blocks from the (2)(5) trains at the Sterling Street Station,
offering access to Downtown Brooklyn and Manhattan within 20 minutes.
The property is also located a short walk from Prospect Park, Brooklyn
Botanic Garden and The Brooklyn Museum.

Overview

Building Type:	Development/Conversion Sites
Location:	On the northeast corner of Empire Boulevard and Rogers Avenue.
Lot Dimensions:	101.42 x 101.17 Irreg.
Lot Sq Ft:	8,900 Approx.

Buildable Sq. Ft:	26,700 / 42,720 As-of-Right / CF Bonus
Zoning:	R6 / C1-3
FAR:	3.0 / 4.8 As-of-Right / CF Bonus
Taxes:	$24,832

http://www.masseyknakal.com/listings/detail.aspx?lst=24244

whynot_31

A more recent photo:

mugofmead111

I saw the for sale sign when I passed it on Sunday night. 

whynot_31

I hear it is already closed.

dmiami2

This is what the realtor is envisioning for the site...  I guess take with a giant grain of salt.

http://www.masseyknakal.com/listingimages/setup/pdf/253_Empire_Boulevard_-_Setup.pdf

whynot_31

That shows what it could look like if the developers believe the Community Facility bonus is worthwhile.

...I might just hold on to the property until the area is upzoned;  something that the real estate agents can't mention.

mugofmead111

dmiami2 said:

This is what the realtor is envisioning for the site...  I guess take with a giant grain of salt.

http://www.masseyknakal.com/listingimages/setup/pdf/253_Empire_Boulevard_-_Setup.pdf

With what's on the block across the street?! Someone please tag me when this comes to pass.  

whynot_31

Here is a street shot, for history's sake.   We are looking west, Clean Rite is on the right:

dmiami2

Just sold for $3.6M.   

I'd say there is no guarantee it will be developed as advertised.  In fact, I'd almost guarantee it won't.      

uglyfloorlamp

@dmiami2 Really? Any clues on who bought it and why?

I wonder if they're waiting for more upzoning on Empire of if they'll develop it as is.

Marco555

StreetEasy is saying it sold in early March 2017 for $6 million+!

http://streeteasy.com/building/253-empire-boulevard-brooklyn#tab_building_detail=2

whynot_31

... gambling on an upzone.

doughmane

Please let it be a storage center.  I have all this extra stuff and nowhere to put it.   

doughmane

What do you anticipate they'll hold out for?  Rezoning to R7A?

dmiami2

This is already zoned for residential with a commercial overlay.   So i think the original design, as promoted by the realtor, is in line with what will be built.   I just don't think it will be as nice.

dmiami2

Marco555 said:

StreetEasy is saying it sold in early March 2017 for $6 million+!

http://streeteasy.com/building/253-empire-boulevard-brooklyn#tab_building_detail=2

My mistake, it was sold for $6,075,000 to be exact.    It was bought by an LLC.  

Shocker! ; - )

whynot_31

If they only get to build 42,000 sf, they paid $143 a BSF. Not bad.

dmiami2

Demo permits have been requested... I'm interested to see how this one develops. If this becomes residential, or residential on top of commercial, it would be an example of what a rezoned Empire Blvd could be. It's across the street from the area that has been a hot bed for zoning change discussion. Much of the area west if this property on Empire has been redeveloped into self storage.

whynot_31

Demo permit now approved. http://a810-bisweb.nyc.gov/bisweb/JobsQueryByNumberServlet?requestid=1&passjobnumber=321581560&passdocnumber=01

whynot_31

google shot from Nov 2016

whynot_31

The perimeter is now surrounded by the trademark blue plywood fence, but excavators have yet to arrive.

dmiami2

Plans for a 3 story mixed use building have been filed. Imagine that... Mixed Use on Empire Blvd. ;-) http://a810-bisweb.nyc.gov/bisweb/JobsQueryByNumberServlet?requestid=2&passjobnumber=321191349&passdocnumber=01

whynot_31

Demolition permit was finally issued back on 10/2/2017: http://a810-bisweb.nyc.gov/bisweb/JobsQueryByNumberServlet?requestid=1&passjobnumber=321546234&passdocnumber=01

dmiami2

The site has been demo'd already. It'll probably be another 3 months until the building application is approved and another 3 months before any construction starts.

dmiami2

Building permits approved.

whynot_31

Step 1: Dig a big hole!