200 Morgan Ave
Brooklyn, NY 11237
Land For Sale · 0.11 AC

Nowak+Partners of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 200 Morgan Avenue, a commercial development site in the East Williamsburg section of Brooklyn, NY. The subject site is comprised of five adjacent tax lots on the east side of Morgan Avenue, running block through to Newtown Creek, between Johnson Avenue and Grand Street. The combined lot size is an irregular 221 ft x 489 ft, M3-1 zoned lot (Block: 2942, Lot: 101,207,220,160 & 157). The lot size is 79,074 square feet, with an additional 20,000 square foot section of pier and channel space. The current zoning allows for the development of 198,148 buildable square feet. The property consists of nine commercial units with varying leases. All tenants with extended leases have agreed to buyouts. The property could be fully vacant by 2020. 200 Morgan Avenue is located just four blocks away from both the Montrose Avenue “L” subway station, as well as the Grand Street "L" subway station. The site provides easy access to Manhattan via the Williamsburg and Queensboro Bridges, all three metropolitan airports, as well as easy access to Brooklyn and Queens through the BQE and LIE. Investors and developers have the rare opportunity to purchase a sizable commercial development site in East Williamsburg with over 200 feet of frontage on Morgan Avenue, and access to main highways and mass transit.