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40 Carlton Ave Brooklyn, NY

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For Sale
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M1-2 zoned land with development potential near transportation.

Type:LAND
Lot size:
0.05 Acres
Added:
Jul 25, 2025
Days on Market:
275
Last Refresh:
Apr 5 at 10:49 pm

Property Features for 40 Carlton Ave

General Information

Standard status
Active
Lot size
0.05 Acres
Property subtype
LAND

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Listing Contact
Alex Svetlakou

Listing agent Alex Svetlakou

Listing office RIPCO Real Estate - Brooklyn

Listing date Jul 25, 2025

Source Moodyscre

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 RIPCO Real Estate - Brooklyn


Overview

Brooklyn Commercial Land For Sale

The property consists of a single 2,433 square foot tax lot with M1-2 zoning, suitable for various commercial and mixed-use development projects. The lot features 24 feet of street frontage and includes a curb cut to facilitate vehicular access. Developers can utilize the 4.80 CF FAR to potentially create up to 11,678 ZFA for a mixed-use or community facility project. Alternatively, a 2.00 FAR could be used to construct a 4,866 ZFA boutique retail or office development. Future commercial developments may qualify for ICAP tax benefits for new commercial improvements. The site benefits from connectivity to the I-278 (Brooklyn-Queens Expressway), accessible within six blocks, and the Atlantic Terminal at Barclays Center, which provides access to the 2, 3, 4, 5, D, N, R subway lines and the LIRR. The property is located between the Brooklyn Navy Yard and Downtown Brooklyn.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Brooklyn
County
Kings
State
New York
Longitude
-73.9739
Latitude
40.6967

FAQs

What type of property is this?
Land - M1-2 zoned land with development potential near transportation.
Where is this land located?
The property is located at 40 Carlton Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Versatile M1‑2 zoning allows for a wide variety of commercial and mixed‑use development possibilities.; High Floor Area Ratio (FAR) of 4.80 allows for up to 11,678 ZFA for development.; Excellent connectivity via I‑278 and Atlantic Terminal (2 3 4 5 D N R subway lines and LIRR).
(718) 233-6565 Call to check price and availability
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