About This Home

This land at 2875 W 16th Street in Brooklyn, NY is listed for $1,198,000 (0.11 acres).

Key Features

  • 0.11 acre lot
Listing Description

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.

Location

2875 W 16th Street

Brooklyn, NY 11224

Questions & Answers

This 0-bedroom, 0-bathroom land at 2875 W 16th Street is listed at $1,198,000. The estimated monthly payment is $6,407 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.11 acre lot.

This property is listed by Denise DeLeo.

DD

Denise DeLeo

Agent at Ben Bay Realty Co

Listed by Ben Bay Realty Co · Broker phone: (718) 680-6442 · View on Broker Site · Broker website

MLS# 504875· Source: Brooklyn New York Multiple Listing Service· 36 days on PropertySimple

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2875 W 16th Street, Brooklyn, NY 11224

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