Amazing Redevelopment Opportunity Greenpoint Waterfront

Brooklyn, Greenpoint
Commercial Buy
40 Bedrooms
24 bathrooms

Property Images

Property Description

Exceptional development/investment opportunity in the up and coming amazing Greenpoint Landing area of Brooklyn.This type of opportunity doesn’t come around very often, if at all. 233 Franklin Street is a 100 x 200 lot with R6 zoning and a FAR of 2.43 48,600 buildable SF with a max FAR 4.8 96,000 buildable SF with community Facility and one block to the East River waterfront. It’s a Great Location for a Community Facilities that will help to get your residential units well above the any tree lines for the incredible unobstructed views of the Midtown Manhattan Skyline over the coming NYC Newtown Barge Park being renovated and expanded now, as well higher rental income or sells price per square foot. 237 Franklin Street has sold their development rights next store, so these views would be unobstructed for life. 233 Franklin sits on the Northwest corner Franklin & Eagle Street in what will be the hottest area in Greenpoint in the coming years. Currently there are two amazing loft building on the lot, a 3 story (18,000sf) and a one story (14,000sf) with all free market rents with the longest lease being one year. There is a host of different options for the property. Contact Craig Stulberger for building setup and property development options <?php echo do_shortcode("[metaslider id=727]"); ?>

Contact Agent

Craig Stulberger