Listing Agency: JLL | New York City Show Phone

Listed By: Michael Mazzara Show Phone

Source: Moodyscre

Added: Aug 4, 2025 Changed: Oct 26 Last Checked: Oct 26 at 1:28PM

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Investment Insights

Based on property information with market context.

The property, situated at the intersection of Coney Island Avenue and Hinckley Place in Prospect Park South, Brooklyn, is a development site with a 10,160 square foot footprint. It allows for the construction of up to 60,960 ZFA. Currently, the site is occupied by QSR NYC LLC, which owns the KFC tenant interest and makes monthly ground lease payments. The ground lease includes a 120-day demolition clause, offering developers an opportunity for redevelopment in a growing submarket.

Key Highlights

• Premier development site in Prospect Park South.
• Significant development potential with up to 60,960 ZFA.
• Prime corner location at the intersection of Coney Island Avenue and Hinckley Place.

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Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Bar & Pub Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,988

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Frequently Asked Questions

What type of property is this?

Land - Premier development site in an undersupplied and growing submarket.

Where is this land located?

The property is located at 534-544 Coney Island Ave Brooklyn, NY.

What are key features of this property?

This property features: Premier development site in Prospect Park South.; Significant development potential with up to 60,960 ZFA.; Prime corner location at the intersection of Coney Island Avenue and Hinckley Place.