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Commercial Development Parcel
For Sale
$2,495,000

192 Butler Street lot 12, Brooklyn, NY 11217

Land, Brooklyn, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market140

Property Features for 192 Butler Street lot 12

General Information

Property type Land
Property subtype Other
Zoning M2-1
Subdivision Carroll Gardens
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 10066
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Vito Angelo · License #VITLO524
Added: May 15 Changed: Sep 12 Last Checked: Oct 1 at 6:06PM
MLS# 501432

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land parcel at 192 Butler Street in Brooklyn encompasses 0.0574 acres and carries M2-1 zoning. The site has an approximate maximum buildable area of 5,500 sq ft, supporting consideration of a future development project subject to applicable approvals.

The property is positioned near Atlantic Terminal, Barclays Center, Whole Foods, Trader Joe’s, and retail and dining along Smith Street, Court Street, and 5th Avenue. Transit access includes the R, F, G, 2, 3, 4, 5, B, D, N, and Q subway lines. The surrounding area includes brownstones, condominium buildings, and larger development projects.

Key Highlights

  • 0.0574‑acre commercial land parcel
  • M2‑1 zoning
  • Approx. 5,500 sq ft maximum buildable area

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Nursing Home Auto Parts Store Adult Day Care Tanning Salon Pet Grooming Service (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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - M2-1-zoned parcel on Butler Street in Brooklyn with commercial development potential.
Where is this commercial land located?
The property is located at 192 Butler Street lot 12 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: 0.0574‑acre commercial land parcel; M2‑1 zoning; Approx. 5,500 sq ft maximum buildable area
More about this property
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