Ang 559 4th Avenue na kilala rin bilang 133-135 16th Street ay isang pambihirang pagkakataon sa pamumuhunan at pag-develop na may halo-halong gamit sa puso ng mabilis na nagbabagong Park Slope/Gowanus corridor. Matatagpuan sa isang kapansin-pansing sulok sa hilagang-silangan, ang pag-aari na ito ay nag-uugnay ng matibay na umiiral na imprastruktura sa makabuluhang potensyal na pag-unlad sa hinaharap sa pamamagitan ng karagdagang maaaring itayo na square footage.

Ang ari-arian ay nakatayo sa isang lote na may sukat na 20 ft x 90 ft na may kasalukuyang nakabuilt na lugar na humigit-kumulang 5,346 square feet at mga sukat ng gusali na 20 ft x 90 ft. Nakatalaga sa R8A / C2-4 sa loob ng Enhanced Commercial District - 1 (EC-1), ang site ay nag-aalok ng malaking potensyal sa pag-unlad na may maximum na maaaring itayo na lugar na humigit-kumulang 10,836 square feet, na nag-iiwan ng karagdagang maaaring itayo na lugar.

Mga Highlight sa Zoning at Pag-unlad:
Residential FAR: 6.02 Facility FAR: 6.5 Kasalukuyang FAR: 2.97 Max Buildable Area: 10,836 SF Current Built Area: 5,765 SF

Mga Tampok ng Ari-arian:
Apat na residential rental apartments Isang basement studio unit Natapos na basement na may kitchenette Dalawang bakanteng commercial storefronts Garage na may dalawang sasakyan na may electric garage door Karamihan sa mga residential unit ay ibibigay ng bakante Regular na hugis ng lote sa sulok na may hilagang-silangan na exposure Elevasyon ng lupa: 54 ft

Ang versatile mixed-use asset na ito ay nag-aalok ng natatanging kakayahang umangkop para sa mga namumuhunan, developer, end-user, o mga mamimili sa 1031 exchange na naghahanap ng agarang kita na may potensyal para sa pangmatagalang pag-unlad. Ang kumbinasyon ng mga bakanteng commercial space, karamihan sa mga bakanteng residential unit, garage parking, at hindi nagamit na FAR ay lumilikha ng maraming estratehiya sa pagdaragdag ng halaga mula sa mga luxury rental at condominium conversion hanggang sa mixed-use redevelopment o pag-occupy ng may-ari.

Nakahalaga ang lugar na ito sa abala na 4th Avenue na malapit sa transportasyon, retail corridors, kainan, at ang patuloy na pag-unlad sa paligid ng Gowanus at South Brooklyn, ito ay isang pagkakataon na makakuha ng isang strategically located property na may matatag na pundasyon at makabuluhang potensyal sa hinaharap.

559 4th Avenue a/k/a 133-135 16th Street presents a rare mixed-use investment and development opportunity in the heart of the rapidly transforming Park Slope/Gowanus corridor. Situated on a prominent northeast corner lot, this income-producing property combines strong existing infrastructure with significant future upside through additional buildable square footage.
The property sits on a 20 ft x 90 ft lot with a current built area of approximately 5,346 square feet and building dimensions of 20 ft x 90 ft. Zoned R8A / C2-4 within the Enhanced Commercial District - 1 (EC-1), the site offers substantial development potential with a maximum buildable area of approximately 10,836 square feet, leaving additional buildable area available.
Zoning & Development Highlights:
Residential FAR: 6.02 Facility FAR: 6.5 Current FAR: 2.97 Max Buildable Area: 10,836 SF Current Built Area: 5,765 SF Property Features:
Four residential rental apartments One basement studio unit Finished basement with kitchenette Two vacant commercial storefronts Two-car garage with electric garage door Most residential units to be delivered vacant Regular-shaped corner lot with northeast exposure Ground elevation: 54 ft This versatile mixed-use asset offers exceptional flexibility for investors, developers, end-users, or 1031 exchange buyers seeking immediate income with long-term redevelopment potential. The combination of vacant commercial space, mostly vacant residential units, garage parking, and unused FAR creates multiple value-add strategies ranging from luxury rentals and condominium conversion to mixed-use redevelopment or owner-occupancy.
Perfectly positioned along bustling 4th Avenue with close proximity to transportation, retail corridors, dining, and the ongoing growth surrounding Gowanus and South Brooklyn, this is an opportunity to acquire a strategically located property with both stable fundamentals and meaningful future upside.