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680 Essex St 0.46 Acres of Residential Land for Lease in Brooklyn, NY 11208
Highlights
- The property sits within a rapidly expanding residential neighborhood.
- The site features wide street frontage offering strong visibility and access.
- Nearby Gateway Center delivers extensive retail, dining, and service amenities.
- Transit options provide easy access across Brooklyn and the greater metro area.
- Surrounding development momentum supports long-term neighborhood growth.
- Major roadways offer convenient regional connectivity for future residents.
LOT Available
Display Rental Rate as
| Rental Rate |
|
Lot Size | 0.46 AC |
| Lease Term | 99 - 200 Years |
| Rental Rate | |
| Lease Term | 99 - 200 Years |
| Lot Size | 0.46 AC |
Ariel Property Advisors presents 680 Essex Street, a large, L-shaped, block- through development site in the heart of East New York, Brooklyn. The 20,000 SF vacant lot, currently used as for parking, features 120 feet of frontage on Essex Street and 80 feet on Linwood Street. With R5 zoning, Qualifying Residential Site status, and transferable air rights from an adjacent property, the site provides approximately 71,523 buildable square feet across two medium-density residential towers (zoning study available upon request). Ownership is seeking proposals for a 99-year ground lease. Just steps from the New Lots Avenue 3 train and several bus routes (B5, B84, B20, BM5), the property offers excellent access throughout Brooklyn and the greater New York metro area. Linden Boulevard, Atlantic Avenue, and the Belt Parkway further enhance car connectivity. Positioned between the Gateway Center to the south and a wave of new development along Atlantic Avenue to the north, 680 Essex Street stands at the center of East New York’s ongoing revitalization. Combining scale, accessibility, and a strategic location, 680 Essex Street presents a prime Brooklyn ground lease opportunity.
Property Overview
680 Essex Street is a rare, L-shaped development site situated in the center of East New York, one of Brooklyn’s fastest-growing residential corridors. Spanning 20,000 square feet with generous 120-foot frontage along Essex Street and 80 feet along Linwood Street, the property offers outstanding visibility, access, and design flexibility. Its R5 Qualifying Residential Site designation, substantial proposed buildable area, and adjacency to transferable air rights create a favorable foundation for medium-density residential development. Positioned steps from the New Lots Avenue 3 train and multiple bus lines, the site provides seamless connectivity throughout Brooklyn and the wider metro area. Major arterials including Linden Boulevard, Atlantic Avenue, and the Belt Parkway further enhance accessibility. Surrounded by significant public and private investment, large-scale housing projects, and the nearby Gateway Center, 680 Essex Street sits within a rapidly evolving district that continues to introduce new amenities, jobs, and community resources.
Property Facts
| Total Space Available | 0.46 AC | Property Subtype | Residential |
| Property Type | Land | Proposed Use | Multifamily |
| Total Space Available | 0.46 AC |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
Contacts
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Michael Tortorici -
Sean Kelly -
Shimon Shkury -
James Nestor -
Ariel Property Advisors
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680 Essex St
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