- For Sale $1,198,000
- Property Type VacantLand
- Lot Size 0.11 Acre
- Date Updated Nov 12, 2026
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.
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Contacts
Denise DeLeo
Ben Bay Realty Co
Location
Located at 2875 16th, Brooklyn, NY 11224, this property is part of the Coney Island neighborhood and Brooklyn market.
Contact Listing Broker
Denise DeLeo
Ben Bay Realty Co