Vacant Lot in Gowanus Proposed Rezoning Area & Designated Opportunity Zone

244-246 6th Street, Brooklyn, NY

$3,750,000

Price

Mixed Use

Development Type

5,700 sqft

Lot Area

Overview
Development Type
Mixed Use
Lot Area
5,700 sqft
Existing $/BSF
$329
Zoning
C8-2
Buildable Area
11,400 sqft
Description

Ariel Property Advisors has been retained on an exclusive basis to arrange the sale of 244-246 6th Street, two contiguous, commercially zoned lots in Gowanus, Brooklyn. The lots are 100’ deep and offer a combined 57’ of frontage on the south side of 6th Street between 3rd and 4th Avenues.

244-246 6th Street is advantageously positioned in an enclave within a proposed rezoning area of the Gowanus. Earlier this year the , the Department of City Planning released the draft Gowanus zoning proposal. The proposal identifies infrastructure, environmental remediation, sustainability, and affordable housing as the focal points. This initiative aims to preserve and promote commercial and industrial areas, enhance mixed-use through MIH, increased density, and commercial incentives, and create parks and a lively waterfront esplanade. The site falls under the Superblocks which is subject to be rezoned from C8-2 to M1-3, which would increase the density of industrial, commercial, and arts-related spaces, as well as facilitate modern-day loft buildings.

The site also benefits from easy access to the rest of the borough and Manhattan via the F, G and R trains, all of which are within a three-block radius. Surrounded by an abundance of shopping, dining and nightlife options, community-based art studios and small businesses, 244-246 6th Street is well-positioned for a prospective community facility development project, which would allow for increased buildable square footage. 244-246 6th Street offers prospective developers the opportunity to capitalize on the demand for commercial space in Brooklyn or presents prospective business owners with the opportunity to establish a boutique headquarter in a vibrant submarket that appeals to a youthful and highly educated workforce.

Documents
Title
Weblink
Investment Flyer
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Location
Gallery