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Land For Sale • 0.36 AC
Development Opportunity – 1165 Broadway, Bushwick, Brooklyn, NY Exceptional mixed-use development opportunity in the heart of Bushwick. Preliminary plans envision a balanced blend of commercial, community facility, and residential use. • Zoning allows for approx. 103,675 SF of total gross buildable area (preliminary architectural plans available upon request). • 421-a tax abatement in place, offering long-term tax benefits to the future developer. • Excellent location with strong residential and retail demand, making this an ideal site for a mixed-use or residential project. • Corner lot provides superior light, air, and design potential. This offering presents a rare opportunity to acquire a fully entitled development site with an existing income stream and a clear path to construction.
| Mixed Use Redevelopment |
| 103,000 +/- SF (Gross buildable) |
| Potential Cash flow during redevelopment |
| Corner site |
| 421a Tax abatement in place |
| Foot of MTA station |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 5 min | - | 2.2 mi |
| Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 9 min | - | 2.5 mi |
| Transit/Subway | Drive | Walk | Distance |
| Kosciuszko Street (J - New York MTA Subway (The Subway)) | 3 min | 2 min | 0.1 mi |
| Gates Avenue (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) | 2 min | 8 min | 0.4 mi |
| Myrtle Avenue (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) | 3 min | 10 min | 0.5 mi |
| Central Avenue (M - New York MTA Subway (The Subway)) | 2 min | 10 min | 0.5 mi |
| Knickerbocker Avenue (M Line) (M - New York MTA Subway (The Subway)) | 2 min | 12 min | 0.6 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 19 min | - | 7.8 mi |
| John F Kennedy International | 22 min | - | 10.0 mi |
| Newark Liberty International | 32 min | - | 17.2 mi |
Avi Jachimowitz
Eretz Realty
