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Corner Retail Development Land Assemblage
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187-189 Rockaway Avenue, Brooklyn, NY 11233

Corner assemblage with Atlantic Avenue and Rockaway Avenue frontage, zoned R6 for as-of-right development plus UAP bonus.

Property SizeContact for details
Lot Size5,810.00 Acres
Days on Market70

Property Features for 187-189 Rockaway Avenue

General Information

Standard status Active
Lot size 5,810.00 Acres
Property subtype Retail, Land
Zoning R6 wide street
Investment Type Redevelopment

Building Details

Buildings 4
Listing Agency: IPRG Investment Property Realty Group
Listed By: Derek Bestreich · License #10991237362
Source: Crexi
Added: Jun 16 Changed: Aug 11 Last Checked: Aug 24 at 4:15AM

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 IPRG Investment Property Realty Group

Investment Insights

Based on property information with market context.

The offering includes a development assemblage consisting of four contiguous lots with 83 feet of frontage along Atlantic Avenue and 70 feet along Rockaway Avenue, totaling approximately 5,810 square feet. The property is presented as a land investment with zoning-based development capacity, offering 17,430 square feet as of right. With a 3.9 UAP bonus, the allowable buildable area is increased to 22,659 square feet. The assemblage is zoned R6, with a 3.0 wide street designation referenced in the offering materials.

Located on the corner of Atlantic Avenue and Rockaway Avenue in Brooklyn’s Ocean Hill section, the site benefits from walkable transit access. The Rockaway Avenue C train station is approximately 0.2 miles away, and Broadway Junction is about 0.6 miles on foot, providing transportation connections throughout NYC.

For developers and investors, this site is suited to projects seeking to maximize use under the stated R6 zoning framework and the described UAP bonus. The combined street frontage on two major avenues supports flexible site planning for a future retail and/or mixed-use build consistent with the allowable square footage parameters cited in the offering.

Key Highlights

  • Corner assemblage at 2258 Atlantic Ave & 187‑189 Rockaway Ave with Atlantic Ave and Rockaway Ave frontage
  • 4 contiguous lots totaling approximately 5,810 SF: 83 ft frontage on Atlantic Ave and 70 ft on Rockaway Ave
  • Zoned R6 (3.0 wide street) for as‑of‑right development plus a 3.9 UAP bonus

Property Analytics

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

3,859
Businesses Nearby
86k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Groceries 30% Beauty & Spa 2% Electronics 2%
America's Food Basket Groceries
13,570 visits/mo 0.0 miles
Family Dollar Shops & Services
11,850 visits/mo 0.5 miles
Dollar Tree Shops & Services
10,409 visits/mo 0.5 miles
Family Dollar Shops & Services
9,850 visits/mo 0.5 miles
Family Dollar Shops & Services
7,329 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner assemblage with Atlantic Avenue and Rockaway Avenue frontage, zoned R6 for as-of-right development plus UAP bonus.
Where is this commercial land located?
The property is located at 187-189 Rockaway Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Corner assemblage at 2258 Atlantic Ave & 187‑189 Rockaway Ave with Atlantic Ave and Rockaway Ave frontage; 4 contiguous lots totaling approximately 5,810 SF: 83 ft frontage on Atlantic Ave and 70 ft on Rockaway Ave; Zoned R6 (3.0 wide street) for as‑of‑right development plus a 3.9 UAP bonus
More about this property
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