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Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Property description

292 - 296 4th Avenue is a 82,122 ZFA Development Site in an Opportunity Zone within the Gowanus Rezoning District in Brooklyn, NY

Investment highlights

Development Scale

One of the premier sites in the Gowanus Rezoning District. Approximately 82,122 ZFA with flexible zoning allows for a blank canvas development opportunity.

Qualified Opportunity Zone (QOZ)

Gowanus is a unique and highly desirable QOZ. With a median household income of $176,114 and immediate connection to Downtown Brooklyn & Manhattan’s Financial District, the property contains superior fundamentals with exceptional demographics compared to other zones.

Tax Benefits

Inviting incentives including 421a (Affordable NY), ICAP, CEP, ESCP, & REAP.

Rezoning

Rezoning framework provides for an increased FAR and multiple uses. The rezoning proposes a variety of uses including residential, retail, and community facility space in order to capture the character of Gowanus and activate the neighborhood.

Last Updated Date: 27 Jun 2022

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Last Updated Date: 27 Jun 2022

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