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Off Market
1/7

159 Broadway
Brooklyn, NY 11211


HIGHLIGHTS

  • Prime Williamsburg
  • 132,398 Buildable SF shovel ready site
  • 6 blocks from the South Williamsburg ferry terminal providing access to Manhattan and Brooklyn
  • Blocks from the Williamsburg Bridge, 3 blocks from I-278, the Brooklyn Queens Expressway
  • 3 blocks from Marcy Avenue subway station serviced by the M, J and Z trains, just one train stop from Manhattan
  • Steps to Bedford Avenue, the main retail corridor in Williamsburg

OVERVIEW

PROPERTY HIGHLIGHTS • Prime Williamsburg • 132,398 Buildable SF shovel ready site • Over $8M spent to date in hard and soft costs • 25 year ICAP tax abatement • Located in a qualified Opportunity Zone • Approved plans for a 26-story, 277’ tall mixed-use building • Foundation 75% complete • Unobstructed views of Brooklyn and Manhattan • Hotel sector is booming with enormous increase in travel; surrounding area is drastically underserved • Roof deck pool and bar • Ground floor restaurant and bar with below-grade ballroom • No special permit required (grandfathered)

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Community Center, Hold for Development

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

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APN/PARCEL ID

02457-0034,02457-9039