$3,700,000
Updated 9 years ago
Off Market

246 South 2nd Street

Williamsburg, Brooklyn | Havemeyer Street & Roebling Street

19 Rooms7 Beds7 Baths10,395 Square FeetDevelopment Site

$3,700,000
Lot Size25'x120'
ZoneR6
Building TypeVacant Lot
RE Taxes$7,656
Price Per SF
$356

Building Amenities

  • Elevator

Property Description for 246 South 2nd Street

Development site for sale in prime Williamsburg, 2 blocks from desirable Bedford Avenue and 1/2 a block to Havemeyer Street. Rarely available, this vacant site is on a deep lot at 25' x 120 with a foot print of 3,100 sqft. It offers an excellent opportunity to build a mixed-use building up to approximately 14,880 Buildable sqft. Current proposed plans are for eight high-end residential condominiums and a fully built retail space offering up to 9,844 +/- gross buildable sqft in an addition to 2,861+/-sqft in the cellar bringing the total to 12,705+/- sqft.Block and Lot:02420-0018Lot Size: 25 x 120, Irregular Lot totaling 3,100 sqftZoned: R6 & C 1-3 OverlayProposed FARGross SqftAbove GroundRetail2,751Residential7,093Total9,844Below GroundCommunity Facility740Residential Storage/Recreational2121Total2,861Total Building Sqft12,705This is an incredible development site with a fantastic opportunity for a condominium development or a long term rental investment. There is also a phenomenal one-of-a-kind opportunity to build a duplex PH with massive outdoor spaces as well as a duplex commercial space for your personal use while having the other 6 residential condominium units pay for your acquisition and construction costs.Please contact listing agent for complete setup.

Listing History for 246 South 2nd Street

Now
03/01/2017
POM by Tom Le
Corcoran
02/16/2017
Back on the Market by Tom Le
Corcoran

Building Details for 246 South 2nd Street

OwnershipDevelopment Site
Building TypeVacant Lot
Learn More About the Building

Transit and Citi Bike

Subway

Marcy Av
0.23 miles
Metropolitan Av
0.37 miles
Bedford Av
0.4 miles
Hewes St
0.41 miles
Lorimer St
0.45 miles

Citi Bike

S 4 St & Roebling St
0.1 miles
Grand St & Havemeyer St
0.11 miles

Contact Agents

Contact Agents

Tom Le
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: 66676TH