382 Metropolitan Avenue
Havemeyer St / Marcy Ave Williamsburg
Nearby Subway Stations
- Approx. Sq. Ft.10,307
An amazing North Side Williamsburg Development site! It is currently built as a 10,307+/- sqft warehouse which houses an established Tenant. Tenant pays for all utilities, increase in real estate taxes, water/sewer and insurance. The owner just collects rent, $116,400 a year with a 3.5% increase annually. With the massive structure and the ability to build up to 28,000+/- sqft, the opportunity is endless to convert it to a retail/commercial mall, a mixed use development, a luxury condominium development or a hotel.
It is located on a wide street with amazing foot traffic in the midst of trendy and dynamic Williamsburg Northside.
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Runs from Flushing Avenue to Metropolitan Avenue and Bushwick Avenue, east from the Brooklyn Navy Yard.
Williamsburg has undergone one of the most exciting real estate transformations of any area in New York City. Williamsburg’s garages and warehouses have been converted into amazing industrial lofts, which rub shoulders with new high-rise condos.