# 2875 W 16th Street, Brooklyn, NY 11224

> **TL;DR:** land, $1,198,000. Est. $6,407/mo. Listed 38 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,198,000 |
| Lot Size | 4,722 sqft (0.11 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 38 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $6,058 |
| Estimated Insurance | $349 |
| **Total** | **$6,407** |

## Property Highlights

- 0.11 acre lot

## Description

### Agent 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

- **Address:** 2875 W 16th Street, Brooklyn, NY 11224
- **County:** Kings (Brooklyn)
- **Coordinates:** 40.577265, -73.983491
- **Google Maps:** https://www.google.com/maps?q=40.577265,-73.983491

## Listing Agent

- **Name:** Denise DeLeo
- **Brokerage:** Ben Bay Realty Co
- **Broker Phone:** (718) 680-6442
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2875-W-16th-St_Brooklyn_NY_11224_M39978-94544?f=listhub&s=BMLSNY&m=504875&c=propsimple)

## Photos

![2875 W 16th Street - Photo 1](http://lh.rdcpix.com/73e3dc4331f571a50573950a712b1cdel-f3905611459r.jpg)

![2875 W 16th Street - Photo 2](http://lh.rdcpix.com/73e3dc4331f571a50573950a712b1cdel-f3905611459r.jpg)

---

**MLS#:** 504875 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2875-w-16th-street-brooklyn-ny-11224-da08d4361be74e5d845d18f9b17ab679)

---

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