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Mixed-Use Development Building
For Sale
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Pending

250 Manhattan Avenue, Brooklyn, NY 11211

Approved plans call for a 6-story elevated building with ground-floor commercial space and eight residential units.

Property Size7,613 SF
Days on Market113

Property Features for 250 Manhattan Avenue

General Information

Standard status Pending
Size 7,613 SF
Property subtype Land, Mixed Use
Zoning R6B

Additional Details

Multifamily Units 8

Building Details

Stories 6
Listing Agency: Knickerbocker Realty Group LLC
Listed By: Vincent Lopez · License #NY
Source: Crexi
Added: Apr 11 Changed: Jul 20 Last Checked: Jul 30 at 4:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Knickerbocker Realty Group LLC

Investment Insights

Based on property information with market context.

This offering includes approved plans for a 6-story elevated mixed-use building totaling 7,613 SF buildable. The ground floor is designed for 2,130 SF of commercial space, with eight residential units above. The foundation work is 100% complete, and the basement is 100% complete with 9.5-foot ceiling height, including 1/2 residential storage and 1/2 commercial space as reflected in the plan.

Plans have an approved commercial component that must remain per the governing resolution, and the area was downzoned to R6B (FAR 2.0). The seller has a BSA resolution supporting the 7,613 SF buildable area, with apartment layouts potentially modifiable while preserving the commercial square footage.

The site is located three blocks from the Grand Street “L” Subway Station, supporting straightforward access to transit.

Key Highlights

  • Approved plans for a 6‑story elevated building with ground‑floor commercial space plus 8 residential units
  • Foundation is 100% complete and ground floor slab & perimeter walls are completed
  • Basement is 100% complete with 9.5 ft ceiling height and 1/2 residential storage units plus 1/2 commercial space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Adult Day Care Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

6,318
Businesses Nearby

Demographics for 11211, NY

68,540
Population
29,068
Households
2.4
Avg Household Size
31
Median Age
55%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
45,693
Density / Sq Mi
$105,183
Median Household Income
$67,533
Median Earnings
$2,357
Median Rent
$1,118,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Approved plans call for a 6-story elevated building with ground-floor commercial space and eight residential units.
Where is this apartment building located?
The property is located at 250 Manhattan Avenue Brooklyn, NY.
What are key features of this property?
This property features: Approved plans for a 6‑story elevated building with ground‑floor commercial space plus 8 residential units; Foundation is 100% complete and ground floor slab & perimeter walls are completed; Basement is 100% complete with 9.5 ft ceiling height and 1/2 residential storage units plus 1/2 commercial space
(917) 523-5772 Call to check price and availability
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