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163 Dupont St 5,000 SF Industrial Building Brooklyn, NY 11222 For Sale
INVESTMENT HIGHLIGHTS
- Hard Corner Site: Maximizes architectural flexibility, window lines, and natural light/air for premium unit layouts.
- Flood Resiliency Bonus: Strategic use of Appendix G and ZCFR regulations to create a superior residential envelope with elevated units and optimized f
- Alt 1 Opportunity: Potential to utilize the existing warehouse shell to accelerate the project timeline and lower capital expenditure.
- 50 X 100 Ft R6A Hard Corner - 15,000 ZSF Buildable
- McGuinness Blvd Redevelopment (2026): The Mamdani Administration’s “Full Redesign” is permanently reducing traffic to one lane.
- Rapid Transit Access: Greenpoint Avenue “G” Subway: 8-minute walk, India Street East River Ferry: 9-minute walk
EXECUTIVE SUMMARY
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.
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.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
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Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (93)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 02488-0041 | Improvements Assessment | $136,800 |
| Land Assessment | $45,900 | Total Assessment | $182,700 |
PROPERTY TAXES
Parcel Number
02488-0041
Land Assessment
$45,900
Improvements Assessment
$136,800
Total Assessment
$182,700
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163 Dupont St
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