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Executive Summary

Exceptional development opportunity in the heart of Flatbush. This 5,962-square-foot lot is improved with a single-story commercial building currently leased to a church through February 2027, providing income while plans for future development are evaluated. Situated on a wide street within an R6 zoning district, the property offers significant redevelopment potential. The zoning permits up to a 3.0 residential FAR (17,886 SF, or 26 apartments), with the potential for up to a 4.8 FAR (28,618 SF) for community facility use. The site is well positioned within a vibrant residential neighborhood with convenient access to transportation, shopping, and local amenities. Developers, investors, and institutional users will appreciate the flexibility afforded by the site's zoning and location.

Property Facts

Price $3,149,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Community Center
  • Daycare Center
  • Medical
  • Storefront, Retail or Residential
Total Lot Size 0.14 AC
Opportunity Zone Yes
Zoning R6 on wide street - A medium-density residential district. It allows for a variety of uses. Floor area ratio of 3.0 for residential and 4.8 with a community facility.

1 Lot Available

Lot

Price $3,149,000
Price Per AC $23,007,401.24
Lot Size 0.14 AC

59.17' X 102.5'

Exceptionally walkable
100/100
Challenging for drivers
10/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
05193-0055
Land Assessment
$254,700
Improvements Assessment
$115,200
Total Assessment
$369,900
  • Listing ID: 41138953

  • Date on Market: 7/2/2026

  • Last Updated:

  • Address: 1167 Rogers Ave, Brooklyn, NY 11226

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