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610 Marcy Ave 0.07 Acres of Commercial Land Offered at $5,000,000 in Brooklyn, NY 11206
INVESTMENT HIGHLIGHTS
- 30x100 Vacant Lot with flexible R7A zoning with a C2-4 commercial overlay
- Location on a bubbling corridor on border of Bed Stuy, Williamsburg an Bushwick
- Lot is adjacent to a NYC Public Garden which enhances light, air, and aesthetic appeal of any residential project
- Build a 115' tall mixed-use residential + commercial project with 15,000+ buildable SF
- Site has excellent transit access (G, J/M/Z, C trains) and high walkable score
EXECUTIVE SUMMARY
The site at 610 Marcy Avenue offers significant development flexibility under R7A zoning with a C2-4 commercial overlay. Developers can pursue as-of-right residential, mixed-use residential + commercial, or community facility projects. Adding a couple of inclusionary housing units to the project as a bonus may increase buildable square footage to maximize yield.
From a positioning perspective, the lot is adjacent to a NYC Public Garden --while it cannot be built on, it DOES enhance light, air, and aesthetic appeal of any residential project. The site also has excellent transit access (G, J/M/Z, C trains) and high walkable score due to surrounding retail corridors along Myrtle Ave, Bedford Ave, Nostrand Ave, Dekalb Ave and Broadway. Also nearby to Bed-Stuy YMCA, Pratt Institute, and several parks including Herbert Von King Park.
Lot Size: ± 3,000 SF
Zoning: R7A with C2-4 commercial overlay
Residential FAR: 4.0 ...12,000 BSF
Commercial FAR: 2.0
Community Facility FAR: 4.0
*Residential FAR w/ Inclusionary Bonus: 5.01 ...15,030 BSF*
Including affordable housing unlocks additional development potential.
Dwelling Unit Factor = 680sf
Maximum Dwelling Units (DU) = 15,030sf / 680sf = 22 dwellings
Parking Requirement Factor for R7A = 50% for standard dwelling units and 0% for income restricted dwelling units.
Minimum Base Height = 40'
Maximum Base Height = 85'
Minimum Setback above Base Height on Narrow Street = 15'
Maximum Building Height = 115'
Adjacent to NYC public garden
Close to Myrtle Ave & Fulton retail corridors
Surrounded by active development and repositioning projects
Ideal for mid-rise mixed-use residential + retail or community facility.
All square footage and FAR figures are approximate and should be independently verified. Prospective purchasers and their architects are strongly encouraged to conduct their own due diligence, including zoning analysis, buildable square footage verification, and all regulatory approvals. Offer subject to change and withdrawal without notice.
REACH OUT FOR FULL SET UP DECK
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$21,376
|
$305,371.43
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$21,376
|
$305,371.43
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $21,376 |
| Annual Per AC | $305,371.43 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $21,376 |
| Annual Per AC | $305,371.43 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot 1766-45
| Price | $5,000,000 | Lot Size | 0.07 AC |
| Price Per AC | $72,599,497.61 |
| Price | $5,000,000 |
| Price Per AC | $72,599,497.61 |
| Lot Size | 0.07 AC |
Vacant Corner Lot for Development The site offers significant development flexibility under R7A zoning with a C2-4 commercial overlay. Developers can build a 115' tall mixed-use residential + commercial project with 15,000+ buildable SF
DESCRIPTION
The site at 610 Marcy Avenue offers significant development flexibility under R7A zoning with a C2-4 commercial overlay. Developers can pursue as-of-right residential, mixed-use residential + commercial, or community facility projects. Adding a couple of inclusionary housing units to the project as a bonus may increase buildable square footage to maximize yield. The lot is adjacent to a NYC Public Garden --while it cannot be built on, it DOES enhance light, air, and aesthetic appeal of any residential project. The site also has excellent transit access (G, J/M/Z, C trains) and high walkable score due to surrounding retail corridors along Myrtle Ave, Bedford Ave, Nostrand Ave, Dekalb Ave and Broadway. Also nearby to Bed-Stuy YMCA, Pratt Institute, and Herbert Von King Park.
Presented by
610 Marcy Ave
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