$2,662,500
Updated 11 years ago
Sold

25 Hope Street

Williamsburg, Brooklyn | Roebling Street & Havemeyer Street

Development Site

$2,662,500
Lot Size25'x91'6"
ZoneR6A
Building TypeVacant Lot
RE Taxes$1,690

Building Amenities

  • Elevator

Property Description for 25 Hope Street

Ariel Property Advisors presents an exciting prime Williamsburg development opportunity at 25 Hope Street, located between Roebling and Havemeyer Streets. The site is conveniently located just 5 blocks and a 5 minute walk from the Bedford Avenue L Train, the first stop out of Manhattan. This 25’ x 91.5’ vacant lot is located in an R6A/M1-2/MX-8 zoning district which allows for 6,178 (approx.) as-of-right buildable square footage or 8,237 (approx.) buildable square footage if an inclusionary housing bonus is utilized. With its amazing location on a primarily residential block, many shops, restaurants and cafes are just around the corner. The site can be delivered with DOB approved plans. Due diligence items and other information is available in a data room for review room available after signing a confidentiality agreement. Eight (8) 421A certificates are available for purchase at $50,000 per certificate. These certificates provide significant tax saving incentives to any end-user who purchases a completed condominium. Easy access to Manhattan and the other boroughs are provided by the L train at Bedford Avenue and the G train at Metropolitan Avenue, both within a short walking distance. For more information and access to a data room please contact a member of our sales team.

Building Details for 25 Hope Street

OwnershipDevelopment Site
Building TypeVacant Lot
Learn More About the Building

Transit and Citi Bike

Subway

Bedford Av
0.24 miles
Metropolitan Av
0.29 miles
Lorimer St
0.35 miles
Marcy Av
0.38 miles

Citi Bike

Grand St & Havemeyer St
0.06 miles
Roebling St & N 4 St
0.07 miles

Contact Agents

Contact Agents

Jonathan Berman
Ariel Property Advisors
Daniel Tropp
Ariel Property Advisors

Williamsburg | Brooklyn

Quick Profile

Equal parts family-friendly and millennial haven/nightlife destination, Williamsburg offers the best of all worlds. Whether by night or by day, the ‘Burg has endless options for every type of personality and interest--which has only increasingly become the case after the neighborhood was rezoned in 2005. With the floodgate opened for more varied types of businesses, Williamsburg saw one of the highest rates of development in the past decade than any other part of Brooklyn. 

Referred to as “Little Berlin” for its late night and club-oriented nature, Williamsburg works as hard as it plays. Apart from the Clubland concentrated around Wythe Avenue, there is also a slew of offices (like 25 Kent Avenue, a sprawling eight-floor, 500,000-square foot waterfront building) and co-working spaces such as WeWork, The Yard and Green Desk that make it an ideal location for the corporate-, startup- and tech-oriented set. 

With more offices setting their sights on this part of Brooklyn, it only makes sense that more people want to live close to where they work. Apart from your average walk-up apartment, W-burg has famously become home to numerous condos along the waterfront that continue to grow and expand in concert with the businesses and corporate hubs that have entered the environment. 

Even with its many and undeniable changes, however, Williamsburg remains an arts-friendly community, particularly with regard to music and literature. While DIY spaces have come and gone, certain staples have persisted to become institutions that still provide a place for up and coming musicians to perform. On the literary front, long-standing indie bookstores like Spoonbill and Sugartown and Book Thug Nation have paved the way for others to cross the river, namely McNally Jackson Books. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 56637TH