Prime Gowanus Development
305 Douglass Street, Brooklyn, NY 11217
COMMERCIAL - Brooklyn, NY
Property size:
6,556 SFLot size:
0.28 AcresPrice / SF:
$2,882/SF- Added:
- Apr 3, 2026
- Days on Market:
- 62
- Last Refresh:
- Jun 3 at 12:06 am
Property Features for 305 Douglass Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- M1-4
- Standard status
- Active
- Size
- 6,556 SF
- Lot size
- 0.28 Acres
Building Details
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Wood Frame, Masonry, Steel
- Roof type
- Rubber, Metal
Listing agent Justin Dower (917) 836-1050
Listing office Keller Williams Realty Empire 8508 3rd Avenue, Brooklyn, NY (718) 954-8400
Listing date Apr 3, 2026
MLS# 500221
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HighLights
- Strategic location at the intersection of high‑density residential development and the established Park Slope area, ideal for serving the growing residential population.
- Located within a Qualified Opportunity Zone, offering potential federal tax benefits including capital gains deferral and exclusion.
- Excellent transit access: proximity to R train, buses, Barclays Center, and Atlantic Terminal (LIRR/subway).
- Potential for grants from the NYC Industrial Development Agency (IDA) for manufacturing or community facility builds.
- Proximity to the revitalized Gowanus Canal and new waterfront esplanades, enhancing appeal for community facility tenants.
- Surrounded by developments delivering over 8,000 new residential units and 650,000+ square feet of commercial space, creating demand for supportive community facility spaces.
Overview
Located in Brooklyn, NY, the property at 305 Douglass Street is a 12,000-square-foot lot (120 ft x 100 ft) that has retained its core industrial zoning. The property is strategically positioned at the intersection of high-density residential developments and the established fabric of Park Slope. This location positions the site to serve as a key service, lifestyle, and entertainment destination for a growing residential population. The neighborhood is transforming into a mixed-use ecosystem, with increasing demand for recreation, hospitality, wellness, and community-oriented uses. The property falls within a Qualified Opportunity Zone, potentially delivering federal tax benefits, including deferral of capital gains on investments held 5+ years, with full exclusion after 10 years. It is ideal for long-term holds like institutional community facility (CF) projects and may qualify for grants from the NYC Industrial Development Agency (IDA) for manufacturing or CF builds. The property enjoys proximity to the revitalized canal, with new waterfront esplanades boosting appeal for CF tenants like healthcare providers or educational institutions. Transit access is convenient, with the R train at Union Street, buses, and proximity to Barclays Center, Atlantic Terminal (LIRR/subway), and neighborhoods like Boerum Hill, Park Slope, and Carroll Gardens. Surrounding developments are delivering over 8,000 new units and 650,000+ square feet of commercial space, creating demand for supportive CF spaces, while nearby anchors like Whole Foods, Brooklyn Boulders, and other cultural venues ensure steady foot traffic.
Property Profile
Location Intelligence
Current Use by Public Records
Marble Onyx Granite ...
Building Supply
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.983317
- Latitude
- 40.680152
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 12,000 SF lot in a Qualified Opportunity Zone.
Where is this commercial land located?
The property is located at 305 Douglass Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $18,900,000.
What are key features of this property?
This property features: Strategic location at the intersection of high‑density residential development and the established Park Slope area, ideal for serving the growing residential population.; Located within a Qualified Opportunity Zone, offering potential federal tax benefits including capital gains deferral and exclusion.; Excellent transit access: proximity to R train, buses, Barclays Center, and Atlantic Terminal (LIRR/subway).
