Presenting a development site for sale. This corner property is ideally situated between Ocean Parkway and East 5th Street in the Kensington neighborhood of Brooklyn. The property features an existing two-story structure and offers convenient access to Manhattan, just minutes away from the Church Avenue subway station, serviced by the F and G train lines. Property survey and PROPPOSED plans can be provided upon request! The lot itself is 80 feet by 100 feet deep with r5 zoning. Permits have been filed for a proposed development project, envisioning a steel-framed, approximately 40-foot-tall building totaling approximately 15,550 square feet of residential space (VERIFY WITH ARCHIECT). The planned structure is designed to include approximately 13 residential units—likely condominiums—based on an average unit size of approximately 1,196 square feet. The project also includes a cellar and 11 enclosed parking spaces. The breakdown of the units is as follows: 10 - 2-bedroom units, 2 -3-bedroom units, 1 - 4-bedroom penthouse unit. PROPERTY TO BE DELIVERED VACANT AT CLOSING. ALL INFO DEEMED RELIABLE BUT NOT GUARANTEED. CONSULT WITH YOUR ARCHIECT AND VERIFY ALL FACTS INDEPENDENTLY.