$6,850,000
Updated 8 years ago
Sold

340-346 Metropolitan Ave

Williamsburg, Brooklyn | Roebling Street & North 4th Street

Income Property

$6,850,000
floors / apts3 / 8
Building TypeTownhouse
RE Taxes$10,407

Building Amenities

  • Voice Intercom

Property Description for 340-346 Metropolitan Ave

The Forray Team @ The Corcoran Group is proud to exclusively represent the Symister Portfolio. An Incredible investment opportunity for ownership of 340, 342 & 346 Metropolitan Avenue in the heart of Williamsburg, one of Brooklyn's strongest growth neighborhoods. There are x3 continuous tax lots offering an extremely rare development opportunity for a Prime Residential, Flagship Retail/Mixed Use or Full Commercial Development. Located in one of North Williamsburgs Highest Priced Retail and Residential Corridors. Each property currently has multi-family/mixed-use buildings and can also be improved for users or investors. Current Tax class is 1. The total size of the x3 adjacent lots are approximately 6,004 SF with a Total Buildable (FAR 2.7) SF of 16,211 SF and can have a higher Far of 3.7 totaling 21,614 with inclusionary housing. The approximate gross frontage on Metropolitan Avenue is 664 wide x 90 deep on average. 340 Metropolitan Avenue has an existing 2 story building and 342 & 346 Metropolitan both have a 3 story buildings on the property. 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. It's central location 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 Williamsburgs 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. Please email for a full set up.

Listing History for 340-346 Metropolitan Ave

Now
06/14/2018
$6,850,000
Sold and Closed by Chris Cavorti
Corcoran
2018

Building Details for 340-346 Metropolitan Ave

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Floors/Apts3/8
Learn More About the Building

Transit and Citi Bike

Subway

Bedford Av
0.23 miles
Metropolitan Av
0.29 miles
Lorimer St
0.34 miles
Marcy Av
0.39 miles

Citi Bike

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

Contact Agents

Contact Agents

Evan Church
Corcoran

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: 71494TH