Brooklyn Development Site For
For Sale
$1,495,000
250 Skillman Ave, Brooklyn, NY 11211
Prime Williamsburg location, ideal for multi-family development.
Property Size800 SF
Price / SF$1,868
Days on Market101
Property Features for 250 Skillman Ave
General Information
Standard status
Active
Size
800 SF
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$6,568
Listing Agency:
Keller Williams Realty
(646) 247-3290
Listed By:
John J. Ricco
(646) 247-3290
Source:
Elliman
Added: May 18
Changed: Aug 8
Last Checked: Jul 15 at 10:13PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This prime development site is located in Williamsburg, Brooklyn. The property, which will be delivered vacant, currently features an 800 square foot garage. Zoned R6A, the site offers a Floor Area Ratio (FAR) of 3, allowing for a total buildable square footage (BSF) of 3,855, presenting an opportunity for new construction of a multi-family building. The location is conveniently situated just a quarter of a mile from the nearest L Train station, providing easy access to Greenpoint, Bushwick, and Manhattan within 30 minutes. The property is surrounded by dining and nightlife options, as well as McCarre Park and Cooper Park. The neighborhood boasts some of the strongest rental rates in New York City. The limited demolition work required, due to the absence of a prior building on the site other than the garage, is expected to save time and money and expedite the permitting process. The location has a bike score of 90, walk score of 98, and transit score of 100.
Key Highlights
- Prime Williamsburg development site with R6A zoning, allowing for 3,855 total buildable square feet.
- Delivered vacant with limited demolition required, saving time and money.
- Excellent transportation: quarter mile from the L train.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,932
Businesses Nearby
Explore this area
Business Placement
Demographics for 11211, NY
68,540
Population
29,068
Households
2.4
Avg Household Size
31
Median Age
55%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
45,693
Density / Sq Mi
$105,183
Median Household Income
$67,533
Median Earnings
$2,357
Median Rent
$1,118,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Prime Williamsburg location, ideal for multi-family development.
Where is this residential land & home lot located?
The property is located at 250 Skillman Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Prime Williamsburg development site with R6A zoning, allowing for 3,855 total buildable square feet.; Delivered vacant with limited demolition required, saving time and money.; Excellent transportation: quarter mile from the L train.
