51,000 BSF Development Site

Overview

TerraCRG has been retained to exclusively represent ownership in the sale of the 51,000 BSF residential development site at 172 Montrose Avenue in the East Williamsburg section of Brooklyn.  The rare 170 x 100 ft property is located between Graham Avenue and Humboldt Street, featuring 170 feet of frontage on Montrose Avenue. The 17,000 SF lot is zoned R6, which allows for 3.00 FAR as-of-right, giving the project 51,000 buildable square feet. The property is located just one block from the L train stop at Montrose Avenue and is about a 10-minute walk to both the G train at Broadway Station and the J & M trains at Lorimer Street Station.