$2,100,000
Updated 9 years ago
Sold

227 Leonard Street

East Williamsburg, Brooklyn | Grand Street & Powers Street

1,250 Square FeetMixed Use

$2,100,000
floors / apts2 / 1
Lot Size25'50" wide
Built Size22'32" wide
ZoneC4-4A
Building TypeLow-Rise
RE Taxes$4,616
Price Per SF
$1,680

This property was sold for $2,100,000 on 04/13/17.

Listing Features

  • High Ceilings

Outdoor space and views

  • Terrace

Building Amenities

  • Voice Intercom

Property Description for 227 Leonard Street

This property presents end users as well as investors and developers with a remarkable opportunity to create a unique live/work residence or mixed-use, multi-unit development in one of Williamsburg's most sought after neighborhoods.

Currently 227 Leonard is a 1 family (2 bedroom apt. with a private terrace) over a large warehouse/garage with a curb cut. The ground floor, which is currently occupied by a contemporary art gallery, boasts 15 foot ceilings and occupies the entire 1250 sf lot. The lot has 25ft of street frontage and is 50ft deep.

The building will be delivered vacant.

The existing 2 floor structure has an additional 2,500 buildable square feet, adding up to a maximum total floor area of 5,000 sf. A potential buyer could renovate and extend the existing structure or completely develop the site to create a mixed-use, multi-unit structure with commanding panoramic views of both Brooklyn as well as the Manhattan skyline.

The existing owner has done much of the required due diligence for a potential development of the site. These surveys can be provided upon request.

The property is located steps from the L train Lorimer stop and a short walk to the JMZ.

Building Details for 227 Leonard Street

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts2/1
Learn More About the Building

Transit and Citi Bike

Subway

Metropolitan Av
0.22 miles
Lorimer St
0.22 miles
Graham Av
0.27 miles
Grand St
0.36 miles
Broadway
0.41 miles

Citi Bike

Leonard St & Maujer St
0.09 miles
Devoe St & Lorimer St
0.15 miles

Contact Agent

Contact Agent

Mila Geisler
Tungsten Property

East Williamsburg | Brooklyn

Quick Profile

East Williamsburg is a mixed industrial neighborhood in Brooklyn, with many working factories that make everything from beer and wontons to clothing and concrete. You are likely to hear screeching, pounding and the deep thump of industrial machinery throughout the day. East Williamsburg has become a haven for artists and musicians of every description, who are attracted to the large open loft spaces of the converted industrial buildings. The area has attracted a younger crowd of 20- and 30-somethings that are drawn by affordable rents and a generally lower cost of living.

There is a rich history of immigrants from Puerto Rico and Italy, and oddly enough, they chose to settle on opposite ends of Graham Avenue, with the Italians on the north and the Puerto Ricans on the south.

Housing in the area consists of mid-rise apartment buildings, row houses, and public housing complexes. There are also smaller multi-family apartment buildings available. Lofts are becoming more prevalent as the older, abandoned factory buildings come up for sale and are converted into residential properties. 

East Williamsburgfairly pulses with a creative vibe. There are unique shopping venues, numerous tiny coffee shops, interesting restaurants, and cafes, along with food trucks that frequent the area. The grocery stores are affordable and carry a wide variety of goods that appeal to the eclectic tastes of the neighborhood residents.

There is a vibrant bar scene, where you will find mostly local residents imbibing, so it is easy to make friends among your neighbors if you stop in frequently at your favorite watering hole. There are many interesting shops, bars and restaurants tucked in amongst the warehouses and factories. Many do not invest in elaborate signage, so it can be difficult to find some of the best spots. Keep an eye out for hand-painted signs on the sides of buildings with arrows pointing to nondescript, nearly invisible entrances.

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: 63693TH