Overview

TerraCRG has been retained to exclusively represent ownership in the sale of the development site located at 96-98 DeGraw Street in the Columbia Waterfront District neighborhood of Brooklyn.

Located on DeGraw Street between Van Brunt Street and Columbia Street with clear views of the Statue of Liberty and lower Manhattan, the two lots are 17.5 ft x 100 ft each with a combined footprint of 35 ft x 100 ft. The properties will be delivered with board of standards appeals (BSA) approvals for residential development. 96 Degraw Street is approved for a three story, 3-bedroom, 3,273 GSF townhouse with a one car garage. Combined total buildable SF for the site is 6,438 SF.

Townhouses in the area are selling at $1,050/SF level and above. The property is within walking distance to Brooklyn Bridge Park as well as community gardens, art galleries, restaurants and a vibrant music scene. The Columbia Waterfront District is surrounded by three of the most historic areas of Brooklyn; Brooklyn Heights, Cobble Hill and Carroll Gardens.

The property is just a quick drive over the Union Street bridge to the new and first Brooklyn Whole Foods Supermarket at the corner of Third Avenue and Third Street in Gowanus.

The property is only a short distance from the F, G Carroll Street subway station, making the commute in and out of Manhattan in under 20 minutes.