516-402-3469
262 4th Ave, Brooklyn, NY for Sale
Apartments - FOR SALE
1/12
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262 4th Ave
Brooklyn, NY 11215
Gowanus


HIGHLIGHTS

  • The Gowanus rezoning created a framework for substantial new residential and mixed-use development
  • Gowanus opportunity zone: Yes
  • Proposed 12,040 SF Redevelopment

OVERVIEW

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.

FOR SALE DETAILS

PRICE

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# OF UNITS

5

CAP RATE

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% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corner Redevelopment Lot (w/531+33 Carrol St)

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,000 SF

ZONING

C4-4D

APN/PARCEL ID

00448-0043

ASK ABOUT THIS PROPERTY

Daniel BirnbaumDGNY Commercial, LLCMore Info
516-402-3469

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Daniel BirnbaumDGNY Commercial, LLCMore Info
516-402-3469

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