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Deals›Brooklyn›Wingate

552 EAST NEW YORK AVENUE · #DEVELOPMENT

Wingate· built 1910in_contractSales listingBBL 3047930020
$4,500,000
$194 / ft² · studio · 1 ba · 23,210 ft²
score 3.4 · market
Open listing source
Price
$4.50M
$/ft²
$194
Days on market
235
Monthly taxes
$1,924
Common charges
-
Maintenance
$0

Description

The Crown Development Opportunity 548–552 East New York Avenue, Brooklyn, NY 11225 Residential Development Site in Crown Heights The Crown Development Opportunity offers a rare chance to acquire an 8,190 sq. ft. development site in the Crown Heights neighborhood of Brooklyn. The property provides up to approximately 24,570 buildable square feet under the Quality Housing Program, allowing for a 7-story residential building with around 34–40 units (subject to approvals). The combined 91-foot frontage and 90-foot depth create an efficient development layout with good light and street presence. Buyers may acquire both lots together or separately. Property Highlights Buildable Area: 24,570 SF Lot Size: 8,190 SF (combined) Zoning: R6 (Wide Street) FAR: 3.0 (Quality Housing Program) Maximum Height: 70 ft / 7 stories Cellar Space: 8,190 SF (potential amenity or storage area) Pricing Combined Purchase (548–552 E New York Ave): $4,500,000 Individual Lots: 548 E New York Ave (60x90): $3,200,000 552 E New York Ave (31x90): $1,800,000 Development Potential This site offers flexibility for various residential development strategies, including rental or condominium projects. No current architectural plans are in place, providing buyers the opportunity to design according to their own vision and timeline. Location Situated between Prospect Lefferts Gardens and Crown Heights, the property is near Prospect Park, the Brooklyn Botanic Garden, and major subway lines (2, 3, 4, 5). The area continues to attract strong residential demand and steady neighborhood growth. Contact For more information and access to the full due diligence package: Mendy Lipkser

Price history

Every list / cut / contract / sold event we've recorded.

  1. in contractJun 12, 2026
    $4.50M0.0%
    In contract
  2. price decreaseMar 27, 2026
    $4.50M-10.0%
    Price decreased 10%
  3. price decreaseNov 18, 2025
    $5.00M-9.1%
    Price decreased 9%
  4. listedOct 20, 2025
    $5.50M
    Listed by Mendy Realty Inc

In-building transactions

Every recorded deed (incl. private + sponsor) for this BBL - actual prices paid.

full building →
No transactions recorded for this BBL yet.

Open violations + recent permits

DOB / HPD signals for this BBL.

Open HPD violations (15)
  • I
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
    Jun 1, 2026
  • I
    § 27-2142 ADM CODE APTS HAVE BEEN VACATED BY THIS DEPARTMENT AND CANNOT BE REOCCUPIED UNTIL SO ORDERED AFTER PROOF OF COMPLIANCE FOR APTS UNIT# BB UNDER VACATE # 260719 AT BASEMENT
    May 15, 2026
  • B
    § 9, 170, 171, 300, 301, 302 M.D.LAW-FILE PLANS AND APPLICATION AND OBTAIN A CERTIFICATE OF OCCUPANCY TO LEGALIZE THE CONVERSION FROM A PRIVATE DWELLING TO MULTIPLE DWELLING USE IF LAWFULLY FEASIBLE OR RESTORE TO LAWFUL OCCUPANCY
    May 12, 2026
  • B
    § 27-2073 ADM CODE - DISCONTINUE UNLAWFUL COOKING SPACE OR FILE PLANS AND APPLICATION WITH THIS DEPARTMENT TO LEGALIZE SAME, IF LAWFULLY FEASIBLE AT GAS RANGE AND ELECTRIC HOT PLATE AT BASEMENT
    May 12, 2026
  • B
    § 27-2087 ADM CODE - DISCONTINUE USE OF ROOMS FOR LIVING, DISCONNECT PLUMBING FIXTURES WHERE ILLEGAL AND PROPERLY SEAL PIPE CONNECTIONS AT WASH BASIN, WATER CLOSET, BATHTUB, AND RESIDENTIAL SINK AT BASEMENT
    May 12, 2026
  • B
    § 9, 170, 171, 300, 301, 302 M.D.LAW-FILE PLANS AND APPLICATION AND OBTAIN A CERTIFICATE OF OCCUPANCY TO LEGALIZE THE CONVERSION FROM A PRIVATE DWELLING TO MULTIPLE DWELLING USE IF LAWFULLY FEASIBLE OR RESTORE TO LAWFUL OCCUPANCY
    May 3, 2026
  • I
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
    Nov 8, 2019
  • I
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.
    Oct 31, 2018
  • B
    § 27-2005 ADMIN. CODE: REPLACE WITH NEW THE MISSING WINDOW HANDLES IN THE KITCHEN LOCATED AT APT 1FL, 1st STORY
    Jan 21, 2018 · apt 1FL
  • B
    § 27-2005 ADM CODE PROPERLY REPAIR THE BROKEN OR DEFECTIVE BELL ENTRANCE DOOR APARTMENT , 1st STORY
    Jan 21, 2018
  • B
    § 27-2005 ADMIN. CODE: PROPERLY SECURE THE LOOSE WINDOW FRAME BOTTOM SASHES IN THE KITCHEN LOCATED AT APT 1FL, 1st STORY
    Jan 21, 2018 · apt 1FL
  • B
    § 27-2018 ADMIN. CODE: ABATE THE NUISANCE CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 1FL, 1st STORY
    Jan 21, 2018 · apt 1FL
  • C
    § 27-2005 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF HOT WATER EXCEEDING THE MAXIMUM TEMPERATURE 130 DEGREES AT KITCHEN SINK FAUCET IN THE KITCHEN LOCATED AT APT 1, 1st STORY, 1st APARTMENT FROM NORTH AT EAST
    Jan 18, 2018 · apt 1
  • B
    § 27-2026 ADM CODE REPAIR THE LEAKY AND/OR DEFECTIVE FAUCETS AT BATHTUB IN THE BATHROOM LOCATED AT APT 1, 1st STORY, 1st APARTMENT FROM NORTH AT EAST
    Jan 18, 2018 · apt 1
  • B
    § 27-2010, 2011, 2012 ADMIN. CODE: REMOVE THE ACCUMULATION OF REFUSE AND/OR RUBBISH AND MAINTAIN IN A CLEAN CONDITION THE FRONT BUILDING
    Dec 4, 2017
Recent DOB permits (0)
No permits filed.