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Boerum Hill Development Opportunity
For Sale
$2,495,000

192 Butler St, Brooklyn, NY 11217

Prime Brooklyn parcel for residential or mixed-use development.

Property SizeContact for details
Days on Market109

Property Features for 192 Butler St

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $10,066
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Vito Angelo · License #40AN0957928
Source: Exprealty
Added: May 15 Changed: Aug 28 Last Checked: Aug 30 at 10:01PM

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 RE/MAX Real Estate Professiona

Investment Insights

Based on property information with market context.

This centrally located parcel on Butler Street presents a development opportunity in Boerum Hill/Gowanus, suitable for builders, investors, or end-users looking to create a custom residential or mixed-use project. The property, situated on a quiet, tree-lined block, offers potential in a sought-after growth corridor of Brooklyn. The maximum buildable area is approximately 5,500 square feet. The location is surrounded by historic brownstones, boutique condominiums, and new large-scale developments, offering convenience. It is located moments from Atlantic Terminal, Barclays Center, and the retail and dining scenes along Smith St., Court St., and 5th Ave. Multiple subway lines (R, F, G, 2, 3, 4, 5, B, D, N, Q) provide access throughout NYC. The property is near neighborhood amenities including Whole Foods, Trader Joe's, the Gowanus Arts District, and a variety of cafés, restaurants, and cultural venues. This location offers lifestyle and potential.

Key Highlights

  • Prime development opportunity in a highly desirable Boerum Hill/Gowanus location.
  • Maximum buildable area of approximately 5,500 sq ft, suitable for residential or mixed‑use projects.
  • Excellent transportation access with proximity to Atlantic Terminal and multiple subway lines (R, F, G, 2, 3, 4, 5, B, D, N, Q).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Nursing Home Auto Parts Store Adult Day Care Pet Grooming Service Tanning Salon (Bike/Boat/Book/etc) Store

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

10,142
Businesses Nearby

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime Brooklyn parcel for residential or mixed-use development.
Where is this commercial land located?
The property is located at 192 Butler St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Prime development opportunity in a highly desirable Boerum Hill/Gowanus location.; Maximum buildable area of approximately 5,500 sq ft, suitable for residential or mixed‑use projects.; Excellent transportation access with proximity to Atlantic Terminal and multiple subway lines (R, F, G, 2, 3, 4, 5, B, D, N, Q).
More about this property
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