Development Opportunity | 111-117 Grove St & 60 Menahan St. Brooklyn, NY

$6,500,000

111-117 Grove Street & 60 Menahan Street, Brooklyn, NY 11221

For Sale

Development Unknown Sub Type

Active

Last Updated: 04/03/2025

Lot Area: 14,000 sqft

Zoning: R6

140 Feet of Block-Through Frontage: The site includes 90’ x 100’ along Grove Street (Block 3314, lots 68, 69, & 70), as well as an adjoining 50’ x 100’ on Menahan Street (lot 24).
Approved Plans: Plans for a 40-unit free market building available in the due diligence folder linked below (does not include UAP bonus).
As-of-Right Buildable: Narrow street results in a base FAR of 2.20, totaling 30,800 BSF, easily massed on the lot footprint.
City of Yes Buildable: FAR bonus up to 3.90, totaling 54,500 buildable square feet. (20% bonus for abatement suggests 37,000 BSF).
Accessibility: Within blocks J & Z train at Gates Avenue, with access to Williamsburg & Lower Manhattan within 15-25 minutes and Broadway Junction within 10 minutes.
Neighborhood Amenities: Property is in close proximity to Blink Fitness, Walgreens, CTown, Key Foods, several hotels, and countless restaurants and cafes.

	Title
	Offering Memorandum

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