12 Pennsylvania Ave - Commercial LAND FOR SALE


Brooklyn, NY 11207- Cypress Hills2,679 SF
$2,500,000 USD
516-589-4410

NO PHOTO

$2,500,000 USD
Commercial LAND - FOR SALE
2,679 SF

12 Pennsylvania Ave
Brooklyn, NY 11207
Cypress Hills


OVERVIEW

Located in the heart of East New York, one of Brooklyn’s most rapidly transforming neighborhoods, 12 Pennsylvania Avenue presents a rare opportunity for visionary developers. This property is being offered for redevelopment, with up to 13,400 square feet of buildable space, making it ideal for mixed-use, residential, or commercial projects. Strategic Location & High Visibility. Situated along Pennsylvania Avenue, a major north-south corridor in Brooklyn, the site benefits from exceptional exposure, with over 100,000 vehicles passing daily1. The avenue connects key transit and commercial hubs, including the Belt Parkway, Broadway Junction, and Gateway Center Mall, attracting traffic from across Brooklyn, Queens, and Long Island. The property is just blocks from the Urban Village mega-complex, a transformative 10.5-acre development currently underway. This ambitious project will deliver nearly 2,000 affordable housing units, commercial space, and community amenities, signaling strong municipal and private investment in the area2. Neighborhood Highlights Transit Access: Close to multiple subway lines (2, 3, 4, 5, A, C) and bus routes. Retail & Dining: Minutes from national retailers and restaurants at Gateway Center. Community Growth: The area is experiencing a surge in new housing, infrastructure upgrades, and economic revitalization. Investment Potential With zoning that supports significant redevelopment and a location at the nexus of major urban renewal, 12 Pennsylvania Avenue offers developers a chance to be part of East New York’s next chapter. Whether for residential, commercial, or mixed-use development, this site is positioned for long-term value and impact.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/ACRE

$40,664,675/AC

PRICE/SF

$934 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.06 AC

LAND SF

2,678 SF

OFFSITE IMPROVEMENTS

-

ZONING

C44L

APN/PARCEL ID

03659-0014,03659-0015

ASK ABOUT THIS PROPERTY

Jacob ElulR New YorkMore Info
516-589-4410

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jacob ElulR New YorkMore Info
516-589-4410

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.