Property summary
This exceptional 2,500 square foot lot, located at 209 Butler Street in Brooklyn, New York (zip code 11217), presents a remarkable opportunity for developers. The property boasts a generous 5,000 square foot buildable area, with a 2.0 Floor Area Ratio (FAR), allowing for significant development potential. The permitted zoning is R6B/M1-2, making it ideal for a condo or multifamily rental project. This prime location offers unparalleled walkability to a variety of amenities, including Downtown Brooklyn, Barclays Center, a Whole Foods Market, and popular local establishments such as Strong Rope Brewery and Wild East Brewing, as well as Movement Gowanus Rock Climbing gym. The property's address is 209 Butler Street, Kings County, New York, with APN 405-60. Its convenient location and substantial buildable area make this an exceptional investment opportunity in a thriving Brooklyn neighborhood. This is a rare chance to capitalize on the high demand for residential development in this dynamic area. The property's latitude and longitude coordinates are 40.6823789 and -73.9871479 respectively. Don't miss this chance to acquire a highly desirable development site in a rapidly growing part of Brooklyn.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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