Mixed-Use Development
For Sale
Contact for pricing
Pending
566 Grand Street, Brooklyn, NY 11211
Flexible mixed-use zoning supports development rights up to 6,500 BSF, with potential increases through off-site air rights.
Days on Market107
Property Features for 566 Grand Street
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
JLL - New York City, New York
(212) 376-5449
Listed By:
Brendan Maddigan · License #NY 10301206472
Source:
Crexi
Added: Apr 15
Changed: Jul 23
Last Checked: Jul 27 at 7:10PM
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 JLL - New York City, New York
Investment Insights
Based on property information with market context.
This commercial land parcel offers close to 6,500 BSF of development rights, with the potential to reach up to 8,625 BSF upon the purchase of off-site Inclusionary air rights, available from a separate seller. The property is located in an area with flexible mixed-use zoning, allowing for a variety of development possibilities. Future development may be eligible for AffordableNY and ICAP tax benefits.
The site is approximately four blocks from the combined Metropolitan Ave G / Lorimer St L train station. It also sits on one of East Williamsburg’s busiest retail corridors, surrounded by popular restaurants and bars including Huckleberry Bar, Suzume, Black Flamingo, Okonomi, and Modern Love.
Key Food and Associated Supermarket are roughly a block away, and Chase is within four blocks, supporting strong everyday retail and service access for future occupants and visitors.
The site is approximately four blocks from the combined Metropolitan Ave G / Lorimer St L train station. It also sits on one of East Williamsburg’s busiest retail corridors, surrounded by popular restaurants and bars including Huckleberry Bar, Suzume, Black Flamingo, Okonomi, and Modern Love.
Key Food and Associated Supermarket are roughly a block away, and Chase is within four blocks, supporting strong everyday retail and service access for future occupants and visitors.
Key Highlights
- Development rights: up to 6,500 BSF, or up to 8,625 BSF with off‑site Inclusionary air rights (from a separate seller).
- Flexible mixed‑use zoning allows for a variety of development possibilities.
- Located four (4) blocks from the Metropolitan Ave G / Lorimer St L train station.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8,536
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Flexible mixed-use zoning supports development rights up to 6,500 BSF, with potential increases through off-site air rights.
Where is this commercial land located?
The property is located at 566 Grand Street Brooklyn, NY.
What are key features of this property?
This property features: Development rights: up to 6,500 BSF, or up to 8,625 BSF with off‑site Inclusionary air rights (from a separate seller).; Flexible mixed‑use zoning allows for a variety of development possibilities.; Located four (4) blocks from the Metropolitan Ave G / Lorimer St L train station.
