2875 West 16th ST, Brooklyn, NY 11224
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$1,198,000
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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 504875

Property Sub-Type Land

Property Description

Prime Brooklyn Development Opportunity!
Great Opportunity for builders and investors!
This oversized 40x118 property offers 4,750 Sq. Ft. of land with R6 zoning and C1-2 commercial overlay.
The property offers approximately 10,450 buildable Square. Ft. as of right with potential for up to 18,525 Sq. Ft. under the affordable housing incentive program or 22,800 Sq. Ft. for a qualifying community facility.
Located in a designated Federal Opportunity zone. Excellent opportunity for residential or mixed-use development!

All zoning and development potential should be independently verified by a licensed architect.

Location

State NY

County Kings (brooklyn)

Area Coney Island

Zoning R6

Others

Financing None


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Listed by Ben Bay Realty Co

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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