956 Dean Street

Long-Term Ground Lease: Presents the opportunity to pursue significant development project with minimal cost as compared to traditional land acquisition
As of Right: The site supports 15,840 buildable SF as of right (ZFA).
UAP / City of Yes: If utilizing UAP bonus, FAR increases by 30% to 3.90, with buildable potential up to 20,592 buildable SF, in exchange for an affordable housing component.
Special Atlantic Avenue Mixed Use District (AAM): The property falls within a 13-block areathat City Planning has designated a special district due to its central location, ideal transitaccessibility, and former industrial/commercial zoning. The special district allows for up to a 5.0FAR or 26,400 buildable SF, with requirements for a portion of the development to becommercial.
Desirable Dimensions: Lot dimensions of 48’ x 110’ present developers with large floor platesto accommodate lobby, elevator bays, etc, while maintaining desirable apartment layouts.
Efficient Positioning: The site abuts the back yards of neighboring buildings on Class on Avenue, allowing for additional windows and resulting light and air.
Delivered Vacant: Property will be delivered 100% vacant, offering a blank slate for development.
Premium Location: Just 2-3 blocks from countless retail and dining options along Franklin and Washington Avenues, close proximity to iconic Grand Army Plaza and green space within Prospect Park.
Public Transportation: Located in one of Brooklyn’s most accessible locations, with 2, 3, 4, 5,B, Q, S, A, & C trains within blocks, offering direct access throughout much of Brooklyn andManhattan.

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Cory Rosenthal