72 Palmetto St, Brooklyn, NY 11221

72 Palmetto Street – Bushwick Development Opportunity with Air Rights An excellent opportunity for investors or developers in the heart of Bushwick, Brooklyn. 72 Palmetto Street is a 2-unit property situated on a 25 ft x 100 ft lot with R6 zoning and a total of 6,172 buildable square feet — offering substantial air rights and flexible potential for redevelopment or expansion. Currently configured as a residential two-family and delivered vacant, the property provides multiple paths forward: renovate and hold as income-producing, convert to a single-family, or pursue a ground-up development (subject to zoning and DOB approvals). Highlights: Lot size: 2,500 sq ft (25' x 100') Zoning: R6 | Buildable SF: 6,172 (per FAR) Delivered vacant – no tenant buyouts or delays Quiet, tree-lined block near Gates Ave (J/Z) & Myrtle-Wyckoff (L) trains Strong neighborhood demand and development activity Located just off Bushwick Avenue, this property sits in a high-demand rental and development corridor, surrounded by cafes, restaurants, converted loft spaces, and new residential projects. Whether you're looking to renovate, expand, or build, 72 Palmetto offers solid fundamentals and long-term upside in one of Brooklyn's most active submarkets.