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Corner Commercial Land Parcel
For Sale
Contact for pricing
Pending

98 N 5th St, Brooklyn, NY 11249

Corner parcel currently accommodates a parking lot and auto repair shop, with mixed-use zoning and documented unit development scenarios.

Property SizeContact for details
Days on Market142

Property Features for 98 N 5th St

General Information

Standard status Pending
Property subtype Retail, Multifamily, Office, Land
Listing Agency: Capri Jet Realty Corp
Listed By: Robert Napolitano · License #NY 31NA0992911
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 31 at 7:54AM

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 Capri Jet Realty Corp

Investment Insights

Based on property information with market context.

This commercial land parcel is currently configured with a parking lot and an auto repair shop. The site measures 87 x 50.5 feet, totals 4,393 SF, and carries M1-2/R6A and MX-8 zoning. An architectural zoning analysis identifies development scenarios for either 17 or 23 units, with a maximum FAR of 3.

The property is located at 98-104 N 5th St in Williamsburg, Brooklyn. The Bedford Avenue L train station is two blocks away, while Whole Foods, Apple, shops, restaurants, and fitness centers are one block from the site. Its corner position and proximity to these destinations provide a defined urban setting for evaluating the property’s existing and potential uses.

Key Highlights

  • 87 x 50.5‑foot lot totaling 4,393 SF
  • M1‑2/R6A and MX‑8 zoning
  • Maximum FAR of 3

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Nursing Home Auto Parts Store (Bike/Boat/Book/etc) Store Adult Day Care Pet Grooming Service

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

7,964
Businesses Nearby
65k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 32% Dining 26% Groceries 20% Electronics 9%
C-Town Supermarkets Groceries
13,145 visits/mo 0.3 miles
Moxy Brooklyn Williamsburg Hotels & Casinos
10,345 visits/mo 0.4 miles
Hotel Indigo Williamsburg Hotels & Casinos
10,187 visits/mo 0.5 miles
T-Mobile Electronics
5,770 visits/mo 0.1 miles
Dos Toros Taqueria Dining
5,518 visits/mo 0.2 miles

Demographics for 11249, NY

42,024
Population
18,958
Households
2.2
Avg Household Size
31
Median Age
59%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
60,034
Density / Sq Mi
$121,400
Median Household Income
$81,638
Median Earnings
$2,982
Median Rent
$1,326,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner parcel currently accommodates a parking lot and auto repair shop, with mixed-use zoning and documented unit development scenarios.
Where is this commercial land located?
The property is located at 98 N 5th St Brooklyn, NY.
What are key features of this property?
This property features: 87 x 50.5‑foot lot totaling 4,393 SF; M1‑2/R6A and MX‑8 zoning; Maximum FAR of 3
(718) 388-2188 Call to check price and availability
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