Gowanus Large-Scale Residential Development Opportunity
222 Nevins Street
Gowanus
LIRR
Details
Overview
TerraCRG has been retained to exclusively market for sale the residential development portion of 222 Nevins Street, a prime development opportunity located in the heart of Gowanus, Brooklyn. The offering includes a 17,500 square foot parcel located at the corner of Nevins Street and Baltic Street—positioned within one of the most transformative and active development zones in New York City.
The Gowanus neighborhood was rezoned in 2021 to allow for residential and mixed-use development, sparking a wave of large-scale projects across the area. 222 Nevins Street stands out as one of the few remaining sizable development sites in the neighborhood, offering 87,000 buildable square feet across two zoning designations: approximately 10,000 SF is zoned R7X/M1-4 and 7,500 SF is zoned R6A/M1-4. The existing multistory commercial building on the adjacent lot is not included in the offering.
This offering presents a rare opportunity to develop a substantial residential project in a rapidly growing and well-connected Brooklyn neighborhood, making it an ideal fit for developers seeking scale, connectivity, and long-term value in one of NYC’s most dynamic submarkets.