Cushman & Wakefield has been retained on an exclusive basis to sell four development sites in Brooklyn’s Greenpoint and Williamsburg neighborhoods.
624 Metropolitan Avenue, located between Lorimer and Leonard Streets in Williamsburg, is an approximately 25’ x 100’ development site. It holds approximately 8,625 buildable square feet and offers the potential to build a mixed-use or residential building less than a block from the entrance to the combined Lorimer Street L and Metropolitan Avenue G train station. The area benefits from many popular restaurants, bars, and cafes, which make this site ideal for a project with a retail component. The asking price is $3,300,000.
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75 McGuinness Boulevard, located between Nassau and Norman Avenues in Greenpoint, is an approximately 25’ x 100’ development site currently improved by a two-family building. The site holds approximately 8,625 buildable square feet for residential development and is less than three blocks from the Nassau Avenue G train station. The asking price is $2,800,000.
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186 Greenpoint Avenue, located between Leonard and Eckford Streets in Greenpoint, is a residential development site on an approximately 25’ x 112.58’ irregular lot. Plans have been approved by the DOB to build a five-story residential building comprising six large apartments. The property is located less than two blocks from the Greenpoint Avenue G train station. The asking price is $2,775,000.
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263 Union Avenue, located between South 3rd and South 4th Streets in East Williamsburg, is an approximately 25’ x 91’ irregular development site. Ownership has submitted plans to the DOB and MTA for approval to build a six-unit, seven-story building. The site is in close proximity to the J and M trains at Hewes Street, the G train at Broadway, and the G and L trains at Metropolitan Avenue and Lorimer Street. The asking price is $2,150,000.
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These development sites are being marketed exclusively by Cushman & Wakefield’s Brendan Maddigan.
Neighborhoods: Greenpoint, Williamsburg/ Agents: Brendan Maddigan