86th Street Development Site

FLAGSHIP BAY RIDGE DEVELOPMENT SITE

The 86th Street Development Site is positioned to capitalize on the lack of Class-A multi-family inventory in the Bay Ridge submarket due to its large footprint and premier visibility. Its prime location on 86th Street enhances the value proposition, particularly for ground floor retail, making it an attractive investment prospect.

THRIVING RETAIL MARKET

The Site offers the potential to add a ground floor big box retail tenant to further add value and anchor the residential component. As one of New York City’s busiest and most sought-after retail strips, 86th Street attracts both national chains and local businesses.

485-X / CITY OF YES

The Site will be benefit from both the 485-X Tax Abatement and City of Yes (pending approval) programs which will decrease development costs, and improve the overall efficiency of new developments.

SUPERIOR LOCATION

The 86th Street Development Site boasts exceptional transit access. It's steps away the 86th Street subway, connecting directly to downtown Brooklyn and Manhattan. The nearby Atlantic Avenue-Barclays Center hub links to multiple subway lines serving three boroughs. Within a mile, major highways and the Verrazano Bridge enable easy travel to Staten Island and beyond.

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