$1,198,000

2875 West 16th Street, Brooklyn NY, 11224

Price per sqft$253.81

Lot size0.11 Acres

Property typeLand

Overview

Active

Listed Sep 25, 2026

Updated 9 days ago

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.

Additional information

MLS^® ID: 504875

Exterior Features

Lot Size: 0.11 Acres

Listed by Denise DeLeo with Ben Bay Realty Co
Listing Contact: 7186806442

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