For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

40 Carlton Ave Brooklyn, NY 11205

For Sale
$1,500,000

M1-2 zoned land with development potential near transportation.

Lot size:
0.05 Acres

Property Features for 40 Carlton Ave

General Information

Lot size
0.05 Acres

Source: RIPCO Real Estate - Brooklyn Agent Alex Svetlakou

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Brooklyn Commercial Land For Sale

The property consists of a single 2,433 square foot tax lot with M1-2 zoning, suitable for various commercial and mixed-use development projects. The lot features 24 feet of street frontage and includes a curb cut to facilitate vehicular access. Developers can utilize the 4.80 CF FAR to potentially create up to 11,678 ZFA for a mixed-use or community facility project. Alternatively, a 2.00 FAR could be used to construct a 4,866 ZFA boutique retail or office development. Future commercial developments may qualify for ICAP tax benefits for new commercial improvements. The site benefits from connectivity to the I-278 (Brooklyn-Queens Expressway), accessible within six blocks, and the Atlantic Terminal at Barclays Center, which provides access to the 2, 3, 4, 5, D, N, R subway lines and the LIRR. The property is located between the Brooklyn Navy Yard and Downtown Brooklyn.
Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.973869
Latitude
40.696652

FAQs

What type of property is this?
Land - M1-2 zoned land with development potential near transportation.
Where is this land located?
The property is located at 40 Carlton Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - Versatile M1-2 zoning allows for a wide variety of commercial and mixed-use development possibilities.; - High Floor Area Ratio (FAR) of 4.80 allows for up to 11,678 ZFA for development.; - Excellent connectivity via I-278 and Atlantic Terminal (2 3 4 5 D N R subway lines and LIRR).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message