Crown Heights Development
For Sale
$3,525,000
Pending
15 Portal St, Brooklyn, NY 11233
Prime development site in Crown Heights with significant buildable square footage.
Property Size8,968 SF
Lot Size0.18 Acres
Days on Market105
Property Features for 15 Portal St
General Information
Standard status
Pending
Size
8,968 SF
Lot size
0.18 Acres
Property subtype
Industrial
Listing Agency:
Bergen Basin Realty
(718) 763-4110
Listed By:
Kevin Stile
(718) 763-4110
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 6 at 8:46AM
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 Bergen Basin Realty
Investment Insights
Based on property information with market context.
This corner property in the Crown Heights area, bordering Brownsville in Brooklyn, presents a development opportunity. The lot measures 78.08 x 101.92 and is zoned R6, offering a residential FAR of 2.43, equating to 22,789 buildable square feet. There is also an option for facility use with an FAR of 4.8, allowing for 45,014 buildable square feet. The location is situated within an opportunity zone and an SBA Hub-zone. The existing building features a first floor with approximately 8968 square feet of open space and a roll-up gate. The second level, accessible via a drive ramp and roll-up gate, provides an additional 8968 square feet of open space. The building requires some TLC. The property is conveniently located near transportation options and major roads, and is one block from Lincoln Park. The property is vacant. The location has a bike score of 86, indicating it is very bikeable. The walk score is 93, meaning it is a walker's paradise, and the transit score is 100, indicating it is a rider's paradise.
Key Highlights
- Prime development site with R6 zoning, offering 22,789 buildable square feet (residential) or 45,014 buildable square feet (facility use).
- Located in an Opportunity Zone and SBA Hub‑Zone.
- Existing warehouse with two floors of open space (8,968 sq ft per floor) accessible via roll‑up gates, suitable for warehouse use.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,985
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 - Prime development site in Crown Heights with significant buildable square footage.
Where is this commercial land located?
The property is located at 15 Portal St Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,525,000.
What are key features of this property?
This property features: Prime development site with R6 zoning, offering **22,789 buildable square feet (residential) or 45,014 buildable square feet (facility use).**; Located in an Opportunity Zone and SBA Hub‑Zone.; Existing warehouse with two floors of open space (8,968 sq ft per floor) accessible via roll‑up gates, suitable for warehouse use.
