2875 West 16th Street, Brooklyn, NY 11224

Brooklyn
Local realty services provided by:ERA Top Service Realty
2875 West 16th Street,Brooklyn, NY 11224
$1,198,000
  • 0.11 Acres
  • Lots / Land
  • Active
Listed by: denise deleo
Office: ben bay realty co
MLS#:504875
Source:BROOKLYN

Price summary

  • Price:$1,198,000

About this home

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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Home facts

  • Listing ID #:504875
  • Added:39 day(s) ago
  • Updated:November 04, 2026 at 02:12 PM

Structure and exterior

  • Lot area:0.11 Acres

Finances and disclosures

  • Price:$1,198,000
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