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1520 Hart Pl
Brooklyn, NY 11224
Hold For Development Site · Land For Sale · 0.17 AC

INVESTMENT HIGHLIGHTS

  • Single 7,250 SF corner lot carrying versatile M1-2 zoning, allowing for a wide variety of commercial and mixed-use development possibilities.
  • The area is expected to bring close to 3,700 new residential units to the neighborhood between 2021 and 2025.
  • Alternatively 2.00 FAR can be utilized to construct a 14,500 ZFA commercial asset or a mixed-use development.
  • Rare opportunity to bring community facility space to serve the thousands of new units coming online in the immediate vicinity.
  • Opportunity to maximize the 4.80 CF FAR and unlock up to 34,800 ZFA for a mixed-use or community facility project.
  • Benefits from excellent connectivity via D F N Q Coney Island - Stillwell Av train station or Belt Pkwy - accessible within 3 blocks of the property.

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Industrial
  • Retail
  • Mixed Use
  • Medical
Total Lot Size 0.17 AC
No. Stories 2
Cross Streets 15th St W
Zoning M1-2, Brooklyn, (C3) - Light industrial with offices, hotels, and most retail uses permitted/M2 districts occupy the middle ground between light and heavy industrial areas.

DESCRIPTION

The property comprises a single 7,250 SF corner lot carrying versatile M1-2 zoning, allowing for a wide variety of commercial and mixed-use development possibilities. The lot offers 265 feet of corner wraparound frontage and benefits from several curb cuts. 3 existing buildings on site will be delivered vacant.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06996-0111
Land Assessment
$75,150
Improvements Assessment
$302,850
Total Assessment
$378,000
  • Listing ID: 35754945

  • Date on Market: 5/6/2025

  • Last Updated:

  • Address: 1520 Hart Pl, Brooklyn, NY 11224

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