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Investment Highlights
- Immediate access to neighborhood retail and dining
- Strong Condo sales | $1,350 + per sf
- Strong end-user demand
- Shovel Ready
Executive Summary
Reyes & Elsamad Real Estate Group presents an approved condo development Site – 7 Units | 5,545 Buildable SF | Shovel Ready!
920 Metropolitan Avenue presents a rare opportunity to acquire a fully approved boutique condominium development site in the heart of the Williamsburg / East Williamsburg corridor. Situated on a 28’ x 100’ lot (2,800 SF), the property comes with approved plans for 5,545 buildable square feet, allowing for seven (7) residential dwelling units.
This is a true shovel-ready condo project in one of Brooklyn’s most established and supply-constrained residential markets.
Development Highlights
Lot Size: 28’ x 100’
Buildable SF: 5,545 SF (approved)
Approved For: 7 Residential Units
Asset Type: Boutique Condominium Development
Status: Plans Approved
Investment Profile
The surrounding Williamsburg submarket consistently achieves condominium sellout pricing exceeding $1,400 per square foot, positioning this project for strong revenue potential upon completion.
Projected gross sellout at conservative pricing:
5,545 SF × $1,400 PSF = $7,763,000+
The approved scale allows for efficient 1- and 2-bedroom layouts, with the opportunity to incorporate premium features such as penthouse configurations, private outdoor space, or high-end finishes to further enhance pricing.
Location Advantage
Positioned along Metropolitan Avenue, the property benefits from:
Immediate access to neighborhood retail and dining
Strong end-user demand
Proximity to transportation connecting to Manhattan
Continued residential growth in the surrounding corridor
920 Metropolitan Avenue offers developers and investors a streamlined entry into a high-performing Brooklyn condo market with approved plans already in place — minimizing entitlement risk and accelerating the path to construction.
For additional information, plans, and financial projections, please inquire directly. 212-235-2776 x 3
920 Metropolitan Avenue presents a rare opportunity to acquire a fully approved boutique condominium development site in the heart of the Williamsburg / East Williamsburg corridor. Situated on a 28’ x 100’ lot (2,800 SF), the property comes with approved plans for 5,545 buildable square feet, allowing for seven (7) residential dwelling units.
This is a true shovel-ready condo project in one of Brooklyn’s most established and supply-constrained residential markets.
Development Highlights
Lot Size: 28’ x 100’
Buildable SF: 5,545 SF (approved)
Approved For: 7 Residential Units
Asset Type: Boutique Condominium Development
Status: Plans Approved
Investment Profile
The surrounding Williamsburg submarket consistently achieves condominium sellout pricing exceeding $1,400 per square foot, positioning this project for strong revenue potential upon completion.
Projected gross sellout at conservative pricing:
5,545 SF × $1,400 PSF = $7,763,000+
The approved scale allows for efficient 1- and 2-bedroom layouts, with the opportunity to incorporate premium features such as penthouse configurations, private outdoor space, or high-end finishes to further enhance pricing.
Location Advantage
Positioned along Metropolitan Avenue, the property benefits from:
Immediate access to neighborhood retail and dining
Strong end-user demand
Proximity to transportation connecting to Manhattan
Continued residential growth in the surrounding corridor
920 Metropolitan Avenue offers developers and investors a streamlined entry into a high-performing Brooklyn condo market with approved plans already in place — minimizing entitlement risk and accelerating the path to construction.
For additional information, plans, and financial projections, please inquire directly. 212-235-2776 x 3
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Apartment Units - Condo |
| Property Type | Land | Total Lot Size | 0.06 AC |
| Zoning | R6B - is a medium density residential zoning district. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.06 AC |
| Zoning | R6B - is a medium density residential zoning district. |
1 Lot Available
Lot
| Lot Size | 0.06 AC |
| Lot Size | 0.06 AC |
The property at 920 Metropolitan Avenue is situated on a 28-foot by 100-foot lot, totaling 2,800 square feet. It comes with fully approved plans allowing 5,545 buildable square feet and authorization for seven residential units.
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Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (84)
Bike Score®
Biker's Paradise (90)
Property Taxes
| Parcel Number | 02917-0006 | Improvements Assessment | $0 |
| Land Assessment | $73,800 | Total Assessment | $73,800 |
Property Taxes
Parcel Number
02917-0006
Land Assessment
$73,800
Improvements Assessment
$0
Total Assessment
$73,800
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920 Metropolitan Ave
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