Wythe Avenue..

Wythe Avenue

Williamsburg Brooklyn, NY

Wythe Avenue

$12,000,000

  • Development SiteAssets Type

  • 16,500BSF

  • 727Price/BSF

Property Description

•303-311 Wythe Ave is a vacant 7,500 Sf warehouse on corner of Wythe Ave and South 2nd Street in
Williamsburg.
•100 Feet of frontage on Wythe Avenue.
•The total lot consists of 16,500 BSF.
•The opportunity is unique in that the new buyer has the option to utilize the existing structure for retail
use or build a new residential building on a prime corner.
•Comparable ground floor retail rents range from $60-$80 per SF
•Condo sell outs range from $1300-$1500 per SF
•Located between some of the largest new developments in Brooklyn such as Domino Sugar Factory,
325 Kent Ave, One South First, and 321 Wythe Ave.

The transactions and closing statistics referenced throughout this website include historical results procured by individual real estate brokers and real estate salespersons currently on our team while they were affiliated with a brokerage other than Bestreich Realty Group LLC. Bestreich Realty Group LLC does not claim any credit or affiliation with these transactions.