FOR SALE: ±2,000 SF Corner Lot (3 Buildings)
Proposed ±12,040 SF Redevelopment
Buildings: 262 4th Avenue, 531 Carroll Street and 533 Carrol Street.
Illustrative Standalone Development: 12,040 SF
Current Built Area: 5,800 SF
Potential Additional Floor Area Above Existing: 6,240 SF
Lot Size: 20' x 100' (0.05 ACRE)
Land: ±2,000 SF
Illustrative Residential FAR: 6.02 Residential
Parcel Number: 00448-0043
Property Tax: $24,578
Zoning: C4-4D Special Gowanus Mixed Use District
Maximum residential FAR for qualifying MIH development: Up to 8.5
Subject to independent architectural and zoning verification.
262 Fourth Avenue presents a rare corner development opportunity at the crossroads of established Park Slope and rapidly transforming Gowanus.
The property occupies a highly visible position along Fourth Avenue, one of Brooklyn’s major north-south corridors, at the edge of two distinct but complementary neighborhoods: the enduring residential strength and affluence of Park Slope and the significant new investment reshaping Gowanus.
The Gowanus rezoning created a framework for substantial new residential and mixed-use development while preserving the neighborhood’s longstanding creative, cultural, commercial and production character. That combination has helped make Gowanus one of Brooklyn’s most dynamic development markets.
With major development activity already underway nearby, strong transit access, corner exposure and a location connecting Park Slope with the evolving Gowanus district, 262 Fourth Avenue offers developers an opportunity to participate in the continued transformation of a uniquely positioned Brooklyn corridor.