NEW YORK REAL ESTATE JOURNAL—APRIL 3, 2015
Located between Bond St. and Hoyt St., the mid-construction site has active permits and approved plans for a three-unit, five-story, 5,517 gross s/f building, under the previous R6 zoning. The property currently has a full foundation measuring 20 ft. x 90 ft. and partial steel structure in place.
Carroll Gardens and Gowanus have seen a tremendous transformation over the last few years with many condo developments and a robust brownstone sales market.
“This property presents a buyer with an exciting opportunity to custom build their own townhouse,” said Peter Matheos, associate vice president at TerraCRG. “But it is the ever-improving retail options like Whole Foods and along Smith Street that are only increasing the desirability of Gowanus/Carroll Gardens, and informing all of the local development opportunities.”