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Area Size
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Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Building Area
Land Area ()

Property description

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.

Investment highlights

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.

UNPARALLELED TRANSPORTATION

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.

Last Updated Date: 11 May 2022

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Last Updated Date: 11 May 2022

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