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2706 W 16th St 0.13 Acres of Commercial Land Offered at $1,500,000 in Brooklyn, NY 11224

INVESTMENT HIGHLIGHTS
- Access Points: Dual frontage on W 16th Street and Cropsey Avenue
- Zoning: M1-2 (Light Manufacturing)
- Neighborhood: Located near Coney Island’s commercial corridor with proximity to transit, retail, and residential density
EXECUTIVE SUMMARY
Offered at $1,500,000, this lot presents a rare chance to secure a well-located industrial-zoned parcel in a high-demand Brooklyn submarket. With flexible zoning and excellent street access, it’s ideal for owner-users, developers, or investors seeking to capitalize on the area’s ongoing growth. No existing structures—just a clean slate for your vision.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,500,000 | Lot Size | 0.13 AC |
| Price Per AC | $11,879,964.84 |
| Price | $1,500,000 |
| Price Per AC | $11,879,964.84 |
| Lot Size | 0.13 AC |
Prime development opportunity in Brooklyn’s Coney Island neighborhood. This raw land parcel spans approximately 5,500 square feet and is situated within an M1-2 Light Manufacturing zoning district.
DESCRIPTION
Prime development opportunity in Brooklyn’s Coney Island neighborhood. This raw land parcel spans approximately 5,500 square feet and is situated within an M1-2 Light Manufacturing zoning district, offering flexibility for a range of industrial, commercial, or community facility uses.
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Walk Score®
Very Walkable (85)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 06995-0074 | Improvements Assessment | $0 |
| Land Assessment | $289,800 | Total Assessment | $289,800 |
PROPERTY TAXES
Parcel Number
06995-0074
Land Assessment
$289,800
Improvements Assessment
$0
Total Assessment
$289,800
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MATTERPORT 3D EXTERIOR
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Presented by
Foley's 8 Real Estate, LLC
2706 W 16th St
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