Commercial Land with Approved
For Sale
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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 Size10,038 SF
Price / SF$79.60
Days on Market56
Property Features for 149 Rockaway Avenue
General Information
Standard status
Active
Size
10,038 SF
Property subtype
Mixed Use, Land
Zoning
R6
Investment Type
Redevelopment
Listing Agency:
Realstreet Real Estate Group
Listed By:
Sully Klein · License #NY
Source:
Crexi
Added: Jul 9
Changed: Aug 30
Last Checked: Sep 1 at 12:30PM
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 Realstreet Real Estate Group
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.
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,271
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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 is the asking price?
The asking price for this property is $799,000.
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
