Property Description
Unlock the potential of this shovel-ready site in the heart of williamsburg, brooklyn! This rare 25 x 100 ft. Lot comes with approved architectural plans for a 4-story, 7-unit residential building, maximizing the full buildable potential under r6b zoning. Unit breakdown: – 5 spacious 2-bedroom units – 2 thoughtfully designed 1-bedroom units benefit from 421-a tax abatement, significantly enhancing the investment's long-term value. Situated on a quiet tree-lined block just minutes from the l and g trains, this location offers easy access to transportation, trendy restaurants, cafes, shopping, and the waterfront. Whether you're a developer or investor looking to capitalize on the continued demand in williamsburg, this property is a golden opportunity to build and own in one of nyc’s most sought-after neighborhoods. All plans and permits are in place – break ground immediately!
Property Information
| Location/Town | New York |
| Area/County | Brooklyn |
| Post Office/Postal City | Brooklyn |
| Prop. Type | Commercial Sale |
| Tax | $11,468.00 |
| Year Built | 1930 |
| Construction | Brick |
| Total Units | 7 |
| Lot SqFt | 2,500 |
| Cooling | None |
| Heat Source | Baseboard |
| Util Incl | Electricity Available, Natural Gas Available, Sewer Connected, Water Connected |
| Tax Assessed Value | 130050 |
| Units | 7 |
| Listing information courtesy of: Exit Realty Premium | |
Mortgage Calculator
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