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326 Rockaway Ave

Brooklyn, NY 11212

$9,750,000

Land For Sale  •  0.75 ac

Property Details

  • Property Type Land
  • Lot Size 0.75 ac
  • Zoning R6 / C2-3
100 Transit Score
94 Walk Score

Description

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.

Highlights

Blockfront Mixed-Use Development Site w/ ~100,000 BSF As-of-Right
Directly next door to future Brownsville Arts Center & Apartments 'BACA'
540' of Linear Frontage
Up to ~178,000 Buildable Sq. Ft. w/ Community Facility & FRESH Bonuses

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
East New York Station Commuter Rail (West Hempstead Branch, Long Beach Branch, Far Rockaway Branch) 2 min 13 min 0.6 mi
Nostrand Avenue Station Commuter Rail (West Hempstead Branch, Long Beach Branch, Hempstead Branch, Far Rockaway Branch) 6 min - 2.8 mi
Transit/SubwayDriveWalkDistance
Atlantic Avenue (L Line) Transit Stop 2 min 11 min 0.5 mi
Rockaway Avenue (A,C Line) Transit Stop 2 min 11 min 0.5 mi
Rockaway Avenue (3,4 Line) Transit Stop 2 min 14 min 0.7 mi
Broadway Junction (East New York) Transit Stop (A, C, J, L, Z) 2 min 17 min 0.8 mi
Sutter Avenue Transit Stop (L) 3 min 17 min 0.8 mi
AirportDriveWalkDistance
John F. Kennedy International Airport 14 min - 9.1 mi
La Guardia Airport 16 min - 11.5 mi
Newark Liberty International Airport 39 min - 18.8 mi
Stephen Preuss 718-275-3400 Cushman & Wakefield
Stephen Preuss 718-275-3400 Cushman & Wakefield