$1,495,000

Prime Williamsburg, Brooklyn Development Site for Sale. There is no existing building here, only an 800 square foot garage. The property is to be delivered vacant. The Zoning is R6A with a Floor Area Ratio (FAR) of 3, bringing the Total Buildable Square Feet (BSF) of 3,855. The perfect opportunity to build a new construction multi-family on this site. Only a quarter of a mile from the nearest L Train station, this location offers tremendous convenience as you can be enjoying the richness of next door Greenpoint and Bushwick. You can be in Manhattan in under 30 minutes time as well! Not only is this close to transportation but it is surrounded by the very best of the areas critically acclaimed dining and nightlife, the famous McCarre Park, Cooper Park and so much more. Rents in this neighborhood are among some of the strongest in NYC. Since there was never a building on site, other than a garage, demolition work is quite limited. This will save both time and money and will give you a huge head start on the permitting process.