40 Carlton Ave, Brooklyn, NY

Listing agent Alex Svetlakou License #NY 10401242416

Listing office RIPCO Real Estate - Brooklyn Show Phone

Listing date Jul 25, 2025

Source Moodyscre

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Overview

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.

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

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.9739

Latitude

40.6967

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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).