This development site in Crown Heights, Brooklyn has a total of 7,113 buildable square feet. The deal comes with approved plans for an 8- unit alt-1 conversion. The plans are for a vertical and horizontal extension to the existing frame two-family house. Currently, the project is approximately 60% complete, with all framing and electrical work in place. Projected rents in this area are $2400 for a 1-bedroom and $2100 for a studio.