Documents
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Key facts
Year Built | 2000 |
Land Area |
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Property description
JLL has been exclusively retained to arrange the fee simple sale of 100 South 9th Street, (The “Property” or “Site”) a three-lot development site located in the heart of South Williamsburg two blocks from the waterfront and just steps from the Bedford and Kent Avenue corridors. The Site presents an investor the opportunity to develop up to a 42,525 ZSF residential building in a prime Brooklyn submarket.
The Property is located just a 6-minute walk from the Marcy Avenue subway station, which provides convenient access to Lower Manhattan, Midtown Manhattan, and Queens via the J, M, and Z lines. The
Site consists of three separate lots (Block 2146, Lots 13, 14, and 15) totaling 17,500 square feet, and is located in an R6 zoning district allowing for a residential or community facility development.
Investment highlights
Rare Development Opportunity
- The Site is offers a developer an expansive 17,500 square foot development site near the waterfront that is immediately adjacent to Bedford Avenue, with frontage on both South 9th Street and South 10th Street, and a total of 42,525 residential zoning square feet.
"10-Minute" Minute Neighborhood
- Within 10 minutes, tenants can access the J, M and Z trains, Whole Foods and Trader Joe’s, Michelin-starred restaurants, Domino Park, various clubs and bars, and the Bedford Avenue retail corridor
Location Primed For Continued Growth
- Job Growth is expected to outpace residential supply in the next 4 year, which will produce outsized rent growth going forward.
Convenient Transportation Access
- The Property is just a 6-minute walk from the Marcy Avenue (J, M, Z) subway station, within a 5-minute walk of multiple bus stations, and within a 3-minute drive of I-278 and the Williamsburg Bridge.