Land For Sale
Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 326 Rockaway Avenue in Brownsville, Brooklyn NY. 326 Rockaway Avenue is an entire blockfront of mixed-use properties located on the south side of E. New York Avenue between Chester Street and Rockaway Avenue.
The ~33k square foot lot is zoned R6 / C2-3, and is ideal for a mixed-use development. The site allows for nearly 100,000 buildable square feet as of right, ~160,000 buildable sq. ft. w/ a community facility bonus, and ~180,000 buildable square feet with a FRESH Program Bonus. The property is located within walking distance to the L, A, C, J, 2, 3 and 4 subway trains, the East New York LIRR station and multiple bus lines. Additionally, the property is less than a 1/4 mile north of the Brownsville shopping district with retailers such as The Children’s Place, Portabella Stores, Ashley Stewart & others closeby.
In July 2018 New York City selected through an RFP a development team to build three major projects in Brownsville. The first project is the Brownsville Arts Center & Apartments ‘BACA’ which will be located directly behind the subject property. This project will include 230 affordable apartments plus significant arts & cultural
space run by Purelements (a performing arts school), Brooklyn Music School, and a media lab and arts center run by BRIC.