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Commercial Land with Approved Plans
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149 Rockaway Avenue, Brooklyn, NY 11233

Vacant Brooklyn development parcel with approved plans for residential units and ground-floor retail in a mixed-use project.

Property SizeContact for details
Days on Market66

Property Features for 149 Rockaway Avenue

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Matthews Real Estate Investments Services | New York
Listed By: DJ Johnston · License #10401225168 (NY)
Source: Matthews
Added: Jul 11 Changed: Sep 4 Last Checked: Sep 14 at 5:11AM

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 Matthews Real Estate Investments Services | New York

Investment Insights

Based on property information with market context.

This vacant commercial land parcel at 149 Rockaway Avenue is offered with approved plans for a four-story mixed-use building totaling 4,125 buildable square feet. The proposed layout includes 6 residential apartments and 1 ground-floor retail space, with no existing structure on the site. The property is identified as an Opportunity Zone and carries R6 zoning.

The site is positioned half a block from the C subway line and four blocks from Broadway Junction. The approved development concept combines residential occupancy with neighborhood retail, while proposed City of Yes zoning reforms could change the allowable FAR from 2.20 to 3.90 if enacted. Qualified investors may also be eligible for federal Opportunity Zone tax benefits.

Key Highlights

  • Approved plans for a four‑story mixed‑use building with 4,125 buildable square feet
  • Planned configuration includes 6 residential apartments and 1 ground‑floor retail space
  • 100% vacant land with no existing structure to demolish

Property Analytics

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Current Use

Commercial land

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

3,271
Businesses Nearby

Demographics for 11233, NY

75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant Brooklyn development parcel with approved plans for residential units and ground-floor retail in a mixed-use project.
Where is this commercial land located?
The property is located at 149 Rockaway Avenue Brooklyn, NY.
What are key features of this property?
This property features: Approved plans for a four‑story mixed‑use building with 4,125 buildable square feet; Planned configuration includes 6 residential apartments and 1 ground‑floor retail space; 100% vacant land with no existing structure to demolish
More about this property
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