210 E 16th St

Investment Overview

Asset CRG Advisors, LLC has been exclusively retained to market a prime development opportunity located at 210 E 16th Street in the highly desirable Prospect Park South neighborhood of Brooklyn. The property consists of a 1,138-square-foot lot positioned within an R7A zoning district, offering a base FAR of 4.0 and an Enhanced/UAP FAR of 5.01. This allows for 4,552 buildable square feet as-of-right and up to 5,701.38 buildable square feet under the UAP, presenting a compelling opportunity for developers seeking value-add potential in a strong residential market. The site accommodates the potential development of a new 4-story, 2-family duplex, subject to MTA approval, making it suitable for boutique residential construction in one of Brooklyn’s most stable and transit-accessible corridors. Located in the heart of Prospect Park South, the property benefits from immediate proximity to neighborhood retail, schools, restaurants, and essential community amenities. Its exceptional location offers residents convenient access to multiple transit options, including the nearby B and Q trains at Church Avenue, providing seamless connectivity throughout Brooklyn and into Manhattan. This offering represents an exceptional opportunity for developers or end-users seeking a well-located, transit-oriented development site with significant zoning potential in one of Brooklyn’s most sought-after communities.

Investment Highlights

• Prime development opportunity in the highly sought-after Prospect Park South neighborhood of Brooklyn.
• Situated on a 1,138-square-foot lot with R7A zoning, offering substantial redevelopment potential in a strong residential market.
• The property benefits from a generous as-of-right FAR of 4.0, providing approximately 4,552 square feet of buildable area, with an enhanced UAP FAR of 5.01 allowing up to 5,701 square feet of buildable space.
• Exceptional opportunity for the development of a four-story, two-family duplex building—subject to MTA approval—offering an attractive boutique-scale residential project for developers in a high-demand Brooklyn corridor.
• Located near major retail corridors, schools, and community amenities, with excellent transit access via the Church Ave and Beverly Rd subway stations (B/Q trains), ensuring strong long-term demand.