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246 S 2nd St 0.07 Acres of Commercial Land Offered at $3,400,000 in Brooklyn, NY 11211
EXECUTIVE SUMMARY
Known for its vibrant arts scene and diverse community, Williamsburg has seen significant revitalization and development in recent years. South Williamsburg is defined by its proximity to the iconic Williamsburg Bridge, providing convenient access to and from Manhattan; as well as the landmark Domino Sugar Factory, a symbol of the neighborhood’s industrial past, that has been transformed into a vibrant mixed-use destination blending cultural history and modernity. With transformative waterfront developments and a growing number of trendy shops, restaurants, and entertainment venues, South Williamsburg is attracting both residents and businesses alike
and is positioned for continued growth.
PROPERTY FACTS
| Price | $3,400,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.07 AC |
| Property Type | Land | ||
| Zoning | R6, C1-3 - Medium density residential district | ||
| Price | $3,400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.07 AC |
| Zoning | R6, C1-3 - Medium density residential district |
1 LOT AVAILABLE
Lot
| Price | $3,400,000 | Lot Size | 0.07 AC |
| Price Per AC | $47,887,323.94 |
| Price | $3,400,000 |
| Price Per AC | $47,887,323.94 |
| Lot Size | 0.07 AC |
Located on the south side of South 2nd Street between Roebling and Havemeyer Streets, the Property is a 3,100 square foot vacant lot that is approximately 25’ wide and 120’ deep.
DESCRIPTION
Bridge Property Advisors has been exclusively retained to arrange the sale of 246 South 2nd Street (the “Property” or “Site”), a development site in South Williamsburg. Located on the south side of South 2nd Street between Roebling and Havemeyer Streets, the Property is a 3,100 square foot vacant lot that is approximately 25’ wide and 120’ deep. Zoned R6 with a C1-3 commercial overlay, the Property lends itself to residential, commercial and community use with a total maximum buildable square footage of 14,880. Known for its vibrant arts scene and diverse community, Williamsburg has seen significant revitalization and development in recent years. South Williamsburg is defined by its proximity to the iconic Williamsburg Bridge, providing convenient access to and from Manhattan; as wellas the landmark Domino Sugar Factory, a symbol of the neighborhood’s industrial past, that has been transformed into a vibrant mixed-use destination blending cultural history and modernity. With transformative waterfront developments and a growing number of trendy shops, restaurants, and entertainment venues, South Williamsburg is attracting both residents and businesses alike and is positioned for continued growth. The offering presents a prime opportunity to build a boutique mixed-use development in one of the most dynamic neighborhoods of New York City. Williamsburg is at the forefront of the increasingly popular “Brooklyn” brand, which it is not only gaining traction nationally but internationally as well.
PROPERTY TAXES
| Parcel Number | 02420-0018 | Improvements Assessment | $0 |
| Land Assessment | $332,100 | Total Assessment | $332,100 |
PROPERTY TAXES
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246 S 2nd St
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