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Investment Highlights

  • • R6 zoning – flexible residential development
  • • Buildable SF: ~4,374 (base) to ~5,400 (max
  • • Buildable SF: ~4,374 (base) to ~5,400 (max
  • • Limited new development supply in immediate area

Executive Summary

• R6 zoning – flexible residential development
• Approx. 1,800 SF lot (40 × 45)
• Buildable SF: ~4,374 (base) to ~5,400 (max)
• Suitable for 6 story elevator building
• Estimated 6–10 residential units
• Strong end-user and investor demand
• Limited new development supply in immediate area

Attachments

OFFERING MEMORANDUM

Property Facts

Price $694,458 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 1,800.00 AC
Opportunity Zone Yes
Zoning R6 - Zoning District: R6 (Residential) FAR (Residential): 2.43 (Quality Housing Option: up to 3.0) Buildable SF:o Up to 5,400 SF (with Quality Housing)

1 Lot Available

Lot 0968

Price $694,458 CAD
Price Per AC $385.81 CAD
Lot Size 1,800.00 AC

Development Site | R6 Zoning | Brighton Beach / Buildable ~5,400 SF

Description

Rare opportunity to acquire a development site located at 87 Brighton 1st Lane in the highly desirable Brighton Beach / Sheepshead Bay submarket of Brooklyn. This R6-zoned property offers strong potential for a boutique residential development in a high-demand coastal neighborhood. The site features approximately 1,800 square feet of lot area (40 × 45) with the ability to build approximately 4,374 to 5,400 square feet, depending on the development strategy. Ideal for condominium or rental construction, the property supports a mid-rise elevator building concept with efficient unit layouts.

Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100
  • Listing ID: 39995446

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 87 Brighton 1st Ln, Brooklyn, NY 11235

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