E 16th St
Brooklyn, NY 11230
Land For Sale
·
0.02 AC
Investment Highlights
- Prime Location
- Low Taxes
- Cul-de-sac
Property Facts
| Property Type | Land | Proposed Use | Apartment Units - Condo |
| Property Subtype | Residential | Total Lot Size | 0.02 AC |
| Zoning | R4 - districts allow all types of housing at a slightly higher density than permitted in R3-2 districts | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.02 AC |
| Zoning | R4 - districts allow all types of housing at a slightly higher density than permitted in R3-2 districts |
Description
Prime development opportunity in the highly sought-after Prospect Park South neighborhood of Brooklyn. Situated on a 1,138-square-foot lot with R7A zoning, offering substantial redevelopment potential in a strong residential market. The property benefits from a generous as-of-right FAR of 4.0, providing approximately 4,552 square feet of buildable area, with an enhanced UAP FAR of 5.01 allowing up to 5,701 square feet of buildable space. Exceptional opportunity for the development of a four-story, two-family duplex building—subject to MTA approval—offering an attractive boutique-scale residential project for developers in a high-demand Brooklyn corridor. Located near major retail corridors, schools, and community amenities, with excellent transit access via the Church Ave and Beverly Rd subway stations (B/Q trains), ensuring strong longterm demand.
