This Multifamily Property is no longer advertised on LoopNet.com.

340 Metropolitan Ave
Brooklyn, NY 11211
340 Metropolitan Avenue · Multifamily Property For Sale · 1 Unit

Property Facts

No. Units 1
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.09 AC
Building Size 14,633 SF
No. Stories 1
Year Built 2019
Zoning M12R6A

About 340 METROPOLITAN AVE , BROOKLYN, NY 11211

Introducing 340 Metropolitan Avenue, Prime Flagship Residential Mixed Use Development Site with approved plans located in one of North Williamsburg’s Highest Priced Residential & Retail Corridors. Designed by MORTAR ARCH+DEV 340 Metropolitan Ave is Shovel Ready development opportunity with 10x Residential Units and 1 Ground Floor Retail Space. Tailored for Luxury Condos where sales on Metropolitan have exceeded $1600-1800/SF, retail rents eclipse $125/SF & residential units rent well over to $60/SF making this a top choice for a Mixed Use Boutique Development. The Lot is irregular measuring approximately +/- 40’8” x +/-92’ and the DOB Approved Gross SF for the building is 14,633 with an estimated 12,499 Saleable SF. Potential to amend the plans for more retail and residential layouts change is feasible. ****Approved Plans will be provided upon request. Located on bustling Metropolitan Avenue in the core of Williamsburg Northside. There are numerous new developments including hotel, residential, and commercial rising on a daily basis. A central location which is proximate to the L subway line on Bedford Ave & L/G subway lines on Lorimer St, Marcy Ave. JMZ, multiple Parks, the East River & Waterfront. Sandwiched between North Williamsburg’s Bedford Ave & Grand Street shopping district it is located in one of the Cities Top Residential & Retail Corridors. Easy access to the Brooklyn-Queens expressway. Some of your neighbors include The Pod Hotel, Apple Store, Whole Foods, WeWork, Citibank, Flywheel, Equinox & soon to come Trader Joes….

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 02368-1111
  • 02368-7501
Land Assessment
$18,613
Improvements Assessment
$169,749
Total Assessment
$188,362
  • Listing ID: 16117044

  • Date on Market: 5/21/2019

  • Last Updated:

  • Address: 340 Metropolitan Ave, Brooklyn, NY 11211

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