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One-Story Retail with Mixed-Use Plans
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1275 Broadway, Brooklyn, NY 11221

Vacant one-story retail building with approved plans for a 14-story hotel and residential development.

Lot Size0.26 Acres
Days on Market113

Property Features for 1275 Broadway

General Information

Standard status Active
Lot size 0.26 Acres
Property subtype Retail, Land
Zoning C4-3

Site & Location

Traffic Count 12,000 vehicles/day
Road Access Yes

Building Details

Stories 1
Listing Agency: RIPCO Real Estate New York
Listed By: Kevin Schmitz · License #NY 10401284640
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 23 at 3:56PM

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 RIPCO Real Estate New York

Investment Insights

Based on property information with market context.

1275 Broadway is an existing one-story retail building delivered with approved plans for a 14-story mixed-use hotel and residential development. The property is currently vacant, allowing a developer to proceed with the approved plans. The approved program contemplates a 35-key hotel on floors one through five and 32 rental apartments on floors six through 14, with parking for 22 cars and 20 bicycles included on the lower level.

The lot offers nearly 40 feet of frontage on Broadway and extends block-through to Goodwin Place for an additional 53+ feet of frontage. The property sits in a C4-3 zoning area. Cushman & Wakefield has been exclusively retained to arrange the sale.

Inspections are by appointment only; please inquire within for access and additional information regarding the plans.

Key Highlights

  • Vacant one‑story retail building at 1275 Broadway in Bushwick
  • Approved plans for a 14‑story mixed‑use hotel and residential development
  • Site is 11,150 SF with nearly 40 ft frontage on Broadway plus 53+ ft frontage block‑through to Goodwin Place

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Acupuncture 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

12,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,026
Businesses Nearby

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
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?
Hotel - Vacant one-story retail building with approved plans for a 14-story hotel and residential development.
Where is this hotel located?
The property is located at 1275 Broadway Brooklyn, NY.
What are key features of this property?
This property features: Vacant one‑story retail building at 1275 Broadway in Bushwick; Approved plans for a 14‑story mixed‑use hotel and residential development; Site is 11,150 SF with nearly 40 ft frontage on Broadway plus 53+ ft frontage block‑through to Goodwin Place
(516) 647-7155 Call to check price and availability
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