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Massey Knakal Realty Services has been retained on an exclusive basis to sell a development site at 237 Duffield Street. The property is located between Willoughby and Fulton Streets in Downtown Brooklyn. The asking price is $16,000,000 or $175 per buildable square foot.

The site is located in a C6-4.5 zoning and can accommodate 89,904 buildable square feet of mixed-use and commercial development.  With an Inclusionary Housing bonus, the FAR can increase to approximately 105,000 buildable square feet.  Presently, the site has plans for a 185 key hotel.   

Adjacent to Willoughby Square, a one-acre open space, the project is one of a series of more than $100 million in public investments in open space and infrastructure commitments made under the Downtown Brooklyn Redevelopment Plan.  The property is conveniently located one block from the Jay Street-MetroTech and Hoyt Street subway stations, providing easy access to the 2, 3, A, C, F, N & R subway lines.  In addition, the site is located just a few blocks from the newly built Barclays Center.

“Downtown Brooklyn continues to receive regional, national and even international interest.   To that end, presently, 237 Duffield Street is the largest publicly marketed site for sale in Downtown Brooklyn and demand is at an all time high,”  said Massey Knakal Director of Sales Stephen P. Palmese, who is exclusively marketing this property.  For more information on this listing, contact Stephen P. Palmese at 718.238.8999.

Click here for listing details

Neighborhoods: Downtown Brooklyn/ Agents: Stephen Palmese