60,000+ ZFA Development Site | Downtown Brooklyn

TerraCRG is pleased to exclusively represent ownership in the sale of 293–295 Livingston Street, a prime development opportunity located in the heart of Downtown Brooklyn. Positioned midblock on Livingston Street between Hanover Place and Nevins Street, the property benefits from exceptional foot traffic, strong retail synergy, and immediate access to major transportation hubs.The property comprises two tax lots totaling 40.5’ x 125’ (5,063 SF), currently improved with two buildings totaling 9,226 square feet. The site offers substantial future development potential under a Base FAR of 10.0, allowing for approximately 50,630 buildable square feet (BSF). Additionally, with the Inclusionary Housing / UAP bonus (FAR 12.0), the property can achieve up to 60,756 buildable square feet, presenting a rare opportunity to capitalize on one of Brooklyn’s most dynamic and supply-constrained submarkets.Notably, the property directly neighbors 291 Livingston Street, home to The Livingston Hotel, Brooklyn’s first Hyatt hotel.