Gowanus Rezoning Opportunity Zone
305 Douglass St Brooklyn, NY 11217
305 Douglass St, Brooklyn, NY, 11217
$18,900,000
For Sale
$18,900,000
12,000 SF lot in prime Gowanus location.
Lot Size0.28 Acres
Days on Market106
Property Features for 305 Douglass St
General Information
- Standard status
- Active
- Lot size
- 0.28 Acres
- Property subtype
- Industrial
Listing Agency
Keller Williams Realty Empire
(718) 954-8400
Listed by
Justin Dower
(718) 954-8400
Source
Elliman
Added: Apr 4 Checked: Jul 17 at 6:16 am
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Investment Insights
Based on property information with market context.
Located in the heart of Gowanus, 305 Douglass Street is a 12,000-square-foot lot (120 ft x 100 ft) that has retained its core industrial zoning. The 2021 Gowanus rezoning transformed this area. The property occupies a strategic position at the intersection of high-density residential developments and the established fabric of Park Slope. This transitional location positions the site to serve as a key service, lifestyle, and entertainment destination for a growing residential population. The broader neighborhood is actively transforming into a vibrant mixed-use ecosystem, with increasing demand for recreation, hospitality, wellness, and community-oriented uses. This block falls within a Qualified Opportunity Zone, potentially delivering federal tax benefits. The site is ideal for long-term holds like institutional community facility projects. Combine this with potential grants from the NYC Industrial Development Agency (IDA) for manufacturing or community facility builds. The property enjoys proximity to the revitalized canal, with new waterfront esplanades boosting appeal for community facility tenants like healthcare providers or educational institutions. Transit access is unmatched: steps from the R train at Union Street, buses, and a quick stroll to Barclays Center, Atlantic Terminal (LIRR/subway), and neighborhoods like Boerum Hill, Park Slope, and Carroll Gardens. Surrounding developments are delivering over 8,000 new units and 650,000+ square feet of commercial space, creating demand for supportive community facility spaces, while nearby anchors like Whole Foods, Brooklyn Boulders, and other cultural venues ensure steady foot traffic. The bike score is 93, the walk score is 99, and the transit score is 100.
Key Highlights
- Unmatched Transit Access: Steps from the R train, buses, and a short walk to Barclays Center and Atlantic Terminal (LIRR/subway).
- Strategic Location: Positioned at the intersection of high‑density residential developments and the established Park Slope area.
- Qualified Opportunity Zone: Offers potential federal tax benefits.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Marble Onyx Granite ...
Building Supply
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 12,000 SF lot in prime Gowanus location.
Where is this commercial land located?
The property is located at 305 Douglass St Brooklyn, NY.
What is the asking price?
The asking price for this property is $18,900,000.
What are key features of this property?
This property features: Unmatched Transit Access: Steps from the R train, buses, and a short walk to Barclays Center and Atlantic Terminal (LIRR/subway).; Strategic Location: Positioned at the intersection of high‑density residential developments and the established Park Slope area.; Qualified Opportunity Zone: Offers potential federal tax benefits.