Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis to arrange for the sale of 186 Remsen Street - an existing 50' wide building and a premier development site located in Brooklyn Heights. The Site has a 5,000 SF footprint and the ability to build up to 60,000 ZFA through the City of Yes. With limited availability in the immediate vicinity, this property is ideal for an owner/user or converter/developer. In 2019, the seller who owns one of the world’s most famous 3 Michelin starred restaurant and Inn, received landmarks approval to construct a 14 story (54,523 ZFA) luxury hotel with fully approved plans by the DOB. The seller is willing to explore a JV relationship if the buyer is interested in pursuing a luxury development with a globally recognized hospitality operator.
Above Grade SF: ~23,500 GSF
Below Grade SF: ~5,000 GSF
Total Existing SF: ~28,500 GSF