JLL has been retained on an exclusive basis to represent the sale of 50-56 S 2nd Street. The offering represents an opportunity to develop ~41K BSF of residential, commercial, mixed-use, or manufacturing allowed in a prime Williamsburg location.
FULL-SCALE DEVELOPMENT SITE
Flexible residential zoning allows for 40,950 SF of residential, commercial, mixed-use, or manufacturing in Williamsburg, Brooklyn. The large, combined footprint of 13,500 SF allows for a flagship development opportunity in a highly sought after Williamsburg location.
The Property is a short walk from the Bedford Avenue L train and Marcy Avenue JMZ trains, offering seamless access to Downtown and Midtown Manhattan in less than 15 minutes. The Property’s convenient location also offers easy access to the
Williamsburg Bridge for both cars and bikes.
PREMIER WILLIAMSBURG LOCATION
Williamsburg offers residents Michelin-starred restaurants, various clubs and bars, and the Bedford Avenue retail corridor. Domino Waterfront Park, one block west of the Property, offers world-class views of the Manhattan Skyline, an elevated walkway, a playground, a dog run, volleyball courts, and five acres of lush green-way.
SIGNIFICANT RESIDENTIAL DEMAND
Residential demand has come roaring back post pandemic in Brooklyn, with Williamsburg being one of the most desirable places to live in all of the borough. Apartments in Williamsburg often have multiple applications within 24-hours.