The subject property consists of two contiguous 25 x 100-foot tax lots (Block 2488, Lots 40 & 41) located in the heart of Greenpoint, Brooklyn. Currently improved by a single-story warehouse, the site occupies a premier hard-corner position with 50 feet of frontage on Dupont Street and 100 feet of frontage to McGuinness Blvd. The corner lot allows for expansive floorplate designs and exceptional light and air exposure on multiple sides—a significant premium for luxury residential development. The property is zoned R6A, a contextual district allowing for a 3.0 FAR (15,000 ZSF) of residential development as-of-right. Under the new Universal Affordability Preference (UAP), developers can unlock a density bonus up to 3.9 FAR (19,500 ZSF) for affordable housing development. The Mamdani Administration’s “Full Redesign” of McGuinness Blvd is permanently reducing traffic to one lane. This “road diet” will drastically lower ambient noise levels, transforming the area into a quiet, high-end residential sanctuary.