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Prospect Heights Mixed-Use Development Site

568B Grand Ave, Brooklyn, NY

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86,045 SF mixed-use development site in Prospect Heights.

Type:RETAIL

Property size:

86,045 SF

Lot size:

0.38 Acres

Price / SF:

$261/SF

HighLights

86,045 BSF mixed‑use development site.
Located in the Atlantic Avenue Mixed‑Use Plan, a rezoning area.
Rental rates in the area are exceeding $80/sf.
195’ of frontage on Grand Avenue.
Within blocks of the Barclays Center Hub.
Transportation access: close to A, C, B, and Q subway lines.

We can help!

Listing Contact

Sean R. Kelly

Learn more

For Sale

Contact for pricing

86,045 SF mixed-use development site in Prospect Heights.

Type:RETAIL

Property size:

86,045 SF

Lot size:

0.38 Acres

Price / SF:

$261/SF

Added:: Jul 11, 2025
Days on Market:: 343
Last Refresh:: May 20 at 9:06 pm

Property Features for 568B Grand Ave

General Information

Standard status: Active
Size: 86,045 SF
Lot size: 0.38 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Sean R. Kelly

Listing agent Sean R. Kelly License #NY 10401313127

Listing office Ariel Property Advisors

Listing date Jul 11, 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 Ariel Property Advisors

HighLights

86,045 BSF mixed‑use development site.
Located in the Atlantic Avenue Mixed‑Use Plan, a rezoning area.
Rental rates in the area are exceeding $80/sf.
195’ of frontage on Grand Avenue.
Within blocks of the Barclays Center Hub.
Transportation access: close to A, C, B, and Q subway lines.

Overview

This is an 86,045 square foot mixed-use development site situated in Prospect Heights. The location benefits from 195 feet of frontage on Grand Avenue. It is located within blocks of the Barclays Center Hub and is part of the Atlantic Avenue Mixed-Use Plan, an area slated for rezoning that anticipates the development of 4,600 new homes in the immediate vicinity. Area rentals are achieving rates exceeding $80 per square foot. Transportation options include access to the A and C lines, located 0.4 miles away, and the B and Q lines, which are 0.7 miles from the property.

Location Intelligence

Current Use by Public Records

All In One Auto ... Auto Repair Shop State Of New York ... Auto Repair Shop

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.9621
Latitude: 40.6788

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What type of property is this?

Mixed-use property - 86,045 SF mixed-use development site in Prospect Heights.

Where is this mixed-use property located?

The property is located at 568B Grand Ave Brooklyn, NY.

What is the asking price?

The asking price for this property is $22,500,000.

What are key features of this property?

This property features: 86,045 BSF mixed‑use development site.; Located in the Atlantic Avenue Mixed‑Use Plan, a rezoning area.; Rental rates in the area are exceeding $80/sf.

568B Grand Ave, Brooklyn, NY

86,045 SF mixed-use development site in Prospect Heights.

Property Features for 568B Grand Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Corner Medical Suite with Private Entrance

Turn-Key Supermarket Business Opportunity

Established Supermarket Business For Sale

Brooklyn Mixed-Use Investment Opportunity

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Luxury Atelier & Designer Showroom

Prime Kings Highway Commercial Unit

Automotive Repair Facility

Prime Corner Commercial Brooklyn Building

Medical Condo in Bensonhurst, Brooklyn

Multi-Tenant Office Building with Elevator

Prime Corner Retail Building Brooklyn

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