Closed 3/31/2023

Corner Development Site in Downtown Brooklyn

340 Livingston Street

Downtown Brooklyn

Closed 3/31/2023 at
$11,300,000

Cross Streets Corner of Nevins & Livingston Streets
Stories 4 + Basement
Above Grade Building SF 14,124
Total Building SF 17,655
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MTA
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Residential Development 340 Livingston Street, Downtown Brooklyn
Daniel Lebor
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Overview

TerraCRG has been retained to exclusively represent ownership in the sale of 340 Livingston Street, a 100% leased, corner office building prime for future mixed-use development, in the heart of Downtown Brooklyn. This 16,750 SF, four-story building, sits on a 3,531 SF lot on the corner of Nevins and Livingston Streets. Zoned C6-4/DB, the lot has a market rate FAR of 10.0, allowing for a residential ZFA of 35,315. Additionally, the site's inclusionary housing FAR of 12.0 will allow for development of up to 42,377 SF. A unique investment opportunity is also presented as the property has potential to be delivered vacant in 2027.  

Attractions

Positioned just one block from the Nevins Street subway station and a short walk to the Dekalb Avenue and Atlantic Avenue-Barclays Center subway stations, various options exist to connect you to and from Brooklyn and Manhattan.  

Barclays Center
Chelsea Piers Fitness
Target
Circa Brewing Co.
Bacchus