$1,198,0002875 West 16th Street StreetBrooklyn, New York, 11224

Primary Features

  • Lot Size Square Feet: 4720 sqft.
  • Property Type: Land
  • Property Sub Type: Unimproved Land

Other Features

  • Utilities: n/a

Location

  • Street Address: 2875 West 16th Street Street
  • Neighborhood: Coney Island
  • City: Brooklyn
  • State: New York
  • County: Kings (Brooklyn)
  • Postal Code: 11224
  • Zoning: R6

Pricing & Sale Info

  • List Price: $1,198,000
  • MLS#: 504875
  • Last Change Timestamp: Sep 25, 2026
  • Source MLS: Brooklyn New York MLS

About This Property

Prime Brooklyn Development Opportunity! Great Opportunity for builders and investors! This oversized 40x118 property offers 4,750 Sq. Ft. of land with R6 zoning and C1-2 commercial overlay. The property offers approximately 10,450 buildable Square. Ft. as of right with potential for up to 18,525 Sq. Ft. under the affordable housing incentive program or 22,800 Sq. Ft. for a qualifying community facility. Located in a designated Federal Opportunity zone. Excellent opportunity for residential or mixed-use development! All zoning and development potential should be independently verified by a licensed architect.