Large Bed-Stuy Redevelopment Site

AUCTION SALE DETAILS

Date of Auction:  August 25, 2026 @ 11:00 a.m. (EST)
Location: Online:  via Zoom (only those who qualify to bid will receive a link to bid at the Auction Sale)
Bid Deadline:  August 24, 2026 @ 4:00 p.m. (EST)
Minimum Bid:  $6,200,000
Required Deposit:  Ten Percent (10%) of the Purchase Price or $620,000 in the form of a bank check made payable to Anderson Bowman, PLLC
Buyer Premium:  Five Percent (5%), paid by the Court approved Purchaser at closing and as a condition of closing.
Bid Qualifications:  To participate in the Auction Sale, by the Bid Deadline, each prospective bidder must: (i) register with MYC by completing and returning the Registration Form found in the 'Documents' section below; (ii) deliver to MYC the original signed Bidding Procedures which can also be found in the 'Documents' section below; and (iii) tender the Required Deposit. 

PROPERTY OVERVIEW

✓ Redevelopment & Reletting Opportunities
✓ Neighborhood: Bedford-Stuyvesant
✓ 14,900 SF Lot (100' X 149')
✓ R6B, C2-4 Zoning
✓ Max Floor Area Ratio: 2.0
✓ Block 01531, Lot 0001
✓ Strong Residential Demand
✓ Prime Corner Redevelopment
✓ Excellent Transit-Oriented Location

PROPERTY DESCRIPTION

This redevelopment site is located on a corner lot which stretches from Fulton Street and Mac Dougal Street along Howard Avenue in the Bedford-Stuyvesant neighborhood of Brooklyn, NY.  The current improvement is a 2-story church building which was constructed in 1930.  The area of the church building is +/-34,986 SF.

Ideally located just +/-600 feet from this prime redevelopment site is the Ralph Avenue MTA station; a local station on the IND Fulton Street Line of the New York City subway.  Located in at the intersection of Ralph Avenue and Fulton Street, it is served by the C train at all times except nights, when the A train serves the station.

Basic Terms of Sale

This property will be delivered in “as-is, where-is” condition.  Any sale of this property is "all-cash" and will not be contingent upon financing.  This property will be sold free and clear of all tenancies, occupancies, leasehold interests, liens, claims, and encumbrances.

Disclosure

All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information herein is subject to errors and omissions. The subject property may be sold or withdrawn from the market without notice. MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information and is not liable for any reliance thereon.