Calling for All Residential Developers seeking for an extraordinary development opportunity in Williamsburg Prime!
The rare offering consists of two (2x) tax lots on 453 & 455 Humboldt Street spanning 50' X 100'! Up to 10,000 total residential FAR is allowed (to be independently verified) - R6B Zoning with Max 2.0 FAR. Situated on a tranquil corner on a desirable residential block, this is the prime location to build your next grand development! Tailored for Luxury Condos or Rentals where new development sales nearby exceed $1,400 PPSF, while residential rents are well over $60 PPSF.
The existing properties are comprised of: a 2,750 SF three-story multifamily at 455 (class C0) on a 25'X100' lot, attached to 25'X100' vacant lot (class Z0) at 453. in 307 (class C3). 455 Humboldt showcases three (3) well-maintained full-floor residential units with triple exposures, with cellar and garage. Can be Delivered Vacant!
Situated in a prime residential area of Williamsburg, this corner gem is conveniently located a few blocks away from Graham L and Lorimer L/G Subway Stations. Proximate to McCarren and Cooper Park and surrounded by highly-acclaimed restaurants, bars, cafes, retail shops and local services.