284-286 Nassau Ave

Ariel Property Advisors is pleased to announce that it has been exclusively retained to sell 284-286 Nassau Avenue, a 50’ x 100’ development site in the Greenpoint neighborhood of Brooklyn. The site is located on Nassau Avenue between Morgan Avenue and Hausman Street. Zoned R6B, the site’s 2.0 FAR allows 10,000 buildable square feet, as-of-right, for residential use. The site will be delivered vacant.

Greenpoint is currently undergoing a significant transformation and quickly becoming one of the most dynamic neighborhoods in all of New York City, while still remaining true to its roots. Residents are able to live in close proximity to Manhattan and also take advantage of great local dining and nightlife options located in the immediate area. The neighborhood benefits form well-rated schools and as a result is experiencing rapid growth in its condominium market with sales in the range of $1,200-$1,400 per square foot.

The site is walking distance to many neighborhood destinations such as McGolrick Park and Green Lane Coffee, a coffee shop immediately adjacent to the site. 284-286 Nassau Avenue is blocks away from the Nassau Avenue Station G line and also provides easy access to both the Graham and Lorimer Street Stations of the L line. Additionally, the site is footsteps to the B48 bus stop and two blocks away from the Interstate 278 which facilitates access to Manhattan and Queens.

This offering represents a unique opportunity for a developer to capitalize on the demand for housing in the desireable Greenpoint neighborhood. For more information, please contact our sales team listed below.