40 Greene Ave, Brooklyn, NY 11238

Description

A rare opportunity to acquire a two-property legacy portfolio in Fort Greene and Stuyvesant Heights tied to the life and work of Dr. Josephine English, a pioneering physician and community figure in Brooklyn. NOW AVAILABLE AS A PACKAGE OR SINGLE PROPERTY PURCHASE!!!

375 Stuyvesant Avenue is a large-scale historic estate situated on an approximately 10,000 square foot lot with an existing structure of approximately 12,536 square feet. Located within the Stuyvesant Heights Historic District, the property offers scale, architectural presence, and potential unused floor area ratio, subject to Landmarks Preservation Commission approval. This asset is well suited for luxury residential conversion, institutional use, or long-term landmark-sensitive redevelopment.

40 Greene Avenue, an individually designated New York City landmark, is a substantial structure currently in decaying condition and requiring full restoration to achieve functional use. The property is fully built under current zoning and presents a compelling opportunity for experienced investors to reposition a historically significant asset through adaptive reuse and thoughtful redevelopment.

Both properties will be delivered vacant and sold in as-is condition, subject to any existing violations.

Offered at $8,250,000, with pricing allocated as $5,250,000 for 375 Stuyvesant Avenue and $3,000,000 for 40 Greene Avenue.

This exclusive offering is presented and shown by T Real Estate and is intended for qualified buyers with experience in landmark properties and New York City development.