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Condos Planned for Clarkson Avenue Parking Lot That Sold for $1.35M

By Rachel Holliday Smith | February 18, 2015 7:14pm | Updated on February 20, 2015 4:25pm
 A parking lot at 227 Clarkson Ave. in Prospect-Lefferts Gardens sold last week for $1.35 million.
A parking lot at 227 Clarkson Ave. in Prospect-Lefferts Gardens sold last week for $1.35 million.
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DNAinfo/Rachel Holliday Smith

PROSPECT-LEFFERTS GARDENS — A parking lot on Clarkson Avenue sold for $1.35 million last week to a Brooklyn-based developer who plans to build condos on the property.

Brookland Capital bought the 4,584-square-foot vacant lot at 227 Clarkson Ave. near Rogers Avenue on Feb. 9, according to the broker and Boaz Gilad, Brookland’s co-founder. Gilad said the group plans to build condos there, though no design plans have been formalized.

The lot is zoned to allow up to 11,139 square feet of mixed-use space, according to Epic Commercial Realty, which brokered the deal. Epic’s CEO, Yona Edelkopf, said the sale “affirms [his] belief” that Prospect-Lefferts Gardens is “the next big neighborhood in Brooklyn.”

“As of late, larger scale condo and rental development projects have been popping up throughout Prospect-Lefferts Gardens granting the area a lot of continuous attention from investors and developers,” he said in a statement.

Epic had originally listed the lot for $1.5 million.

The seller of the property, NYPA Realty LLC, bought the property and two others on Parkside Avenue in a parcel together for $1.7 million in 2004, deeds show.

The lot is one of more than a dozen development and construction projects in the area, where the local community board has been considering controversial changes to zoning rules meant to regulate the building boom.