for sale

227 Leonard St, Brooklyn - $2,200,000

Type

Commercial and Residential

Building Class

Townhouse

Building Type

Walk-up

Pre-War

Yes

Year Built

1930

Zoning

Commercial and Residential

Description
This property presents end users as well as investors and developers with a remarkable opportunity to create a unique live/work residence or mixed-use, multi-unit development in one of Williamsburg's most sought after neighborhoods.

Currently 227 Leonard is a 1 family (2 bedroom apt. with a private terrace) over a large warehouse/garage with a curb cut. The ground floor, which is currently occupied by a contemporary art gallery, boasts 15 foot ceilings and occupies the entire 1250 sf lot. The lot has 25ft of street frontage and is 50ft deep.

The building will be delivered vacant.

The existing 2 floor structure has an additional 2,500 buildable square feet, adding up to a maximum total floor area of 5,000 sf. A potential buyer could renovate and extend the existing structure or completely develop the site to create a mixed-use, multi-unit structure with commanding panoramic views of both Brooklyn as well as the Manhattan skyline.

The existing owner has done much of the required due diligence for a potential development of the site. These surveys can be provided upon request.

The property is located steps from the L train Lorimer stop and a short walk to the JMZ.

REALWORKS REALTY
718-497-1800

Listing ID: 41991

 
 

Listing courtesy of TUNGSTEN PROPERTY

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2017 REBNY Listing Service, Inc. All rights reserved.


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