40 Carlton Ave Brooklyn, NY
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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
Listing agent Alex Svetlakou
Listing office RIPCO Real Estate - Brooklyn (718) 233-6565
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
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).
