1520 Hart Place, Brooklyn, NY, USA

Coney Island, Brooklyn

Google Map

Asking Price

$3,600,000

Corner Lot Size

7,250 SF

Corner Wraparound Frontage

265 FT

Zoning

M1-2 (CO)

Industrial Rents

$35/SF

Community Facility Rents

$35/SF

Office Rents

$40/SF

Single 7,250 SF corner lot carrying versatile M1-2 zoning, allowing for a wide variety of commercial and mixed-use development possibilities
Located in the heart of unprecedented development activity in Coney Island, which is expected to bring close to 3,700 new residential units to the neighborhood between 2021 and 2025
Opportunity to maximize the 4.80 CF FAR and unlock up to 34,800 ZFA for a mixed-use or community facility project
Alternatively 2.00 FAR can be utilized to construct a 14,500 ZFA commercial asset or a mixed-use development among the growing number of new luxury waterfront apartments
Benefits from excellent connectivity via the D F N Q Coney Island - Stillwell Av train station or Belt Pkwy - both accessible within 3 blocks of the property
Rare opportunity to bring community facility space to serve the thousands of new units coming online in the immediate vicinity