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305-307 South 4th St, Brooklyn, NY 11211

$4,500,000
Active Listing
Listing Details:
$4,500,000 Price
Multi-Family Townhouse Property Type
Williamsburg Neighborhood
3 Beds
3.5 Baths
-- Approx. Sq. Ft.
$493 RET
Key Features:
Unit Garden
Description:

Presenting a once-in-a Blue Moon redevelopment opportunity to create the quintessential single-family masterpiece in Williamsburg.

The offering consists of two (2x) tax lots on 305 & 307 South 4th Street spanning 40 ft. wide and 71.25 ft. deep. Up to ~6,925 total residential FAR is allowed (to be independently verified) —R6 Zoning with Max 2.43 Resi FAR & 4.8 Community Facility FAR. Situated on a tranquil residential block, this is the prime location to build an astounding residential compound with features such as: private garage with legal curb cut, live/work loft or workspace with soaring ceilings, private courtyard and roof terrace(s). Your dream home awaits by realizing this limitless/rare opportunity!

The existing masonry properties are comprised of: a ~ 2,050 SF one-story garage in 305 (class G0), attached to a ~ 2,160 three-story townhouse in 307 (class C3). 307 South 4th showcases three (3) well-maintained full-floor residential units with multiple exposures and full-ht basement (~2,860 total Gross SF). Will be Delivered Vacant!

305-307 South 4th is right off of major retail blocks including Broadway, Union Avenue & Grand Street, in a highly-desirable sector of South Williamsburg. You’re surrounded by a myriad of options for cafes, restaurants, retail shopping, groceries, and public transportation options. Within 5 minutes away is the J/M/Z on Marcy Av. Right down the block you’ll find Rodney Park & CitiBike stations. The South Williamsburg Ferry Landing is also less than one mile away.

Listing courtesy of The Corcoran Group

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