Excellent Investment/Development opportunity in Williamsburg Brooklyn! Standing predominantly at
the corner of Union Avenue and Devoe Street, this beautiful free market, 9 unit, mixed-use corner
property comprises three contiguous buildings on one tax lot and ample FAR to build. Conveniently
located just a short block from the Metropolitan Ave L/G train station, this highly desirable and
bustling area presents tremendous potential for investment and further development.
-430 Union Ave: A Charming 5-family brick residential building with finished basement, two 1-
bedroom units, two Junior 1-bedroom units & one 2-bed/2-bath.
-426 Union Ave (AKA 1-5 Devoe St): Two-story corner retail & office building with basement, offering
2 Units ranging 1600-1800sqft each
-9 Devoe Street: Two-story brick building hosting 2 lofts, each approximately 1200Sqft, complete
with a backyard and roof deck
Additional highlights include a 325 sqft bonus workspace, two legal curb cuts and additional FAR to
build offering further development potential.
All units are free-market and in excellent condition, with tenants currently on month-to-month
leases, except three residential units whose leases expire in 2024.
Lot: 50 x 108
Lot SQFT: 5,400
Building SQFT: 10,800
FAR 4
FAR as built: 2
Zoning: R7A, C2-4
For further details, please don’t hesitate to contact me
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A former artists’ enclave, Williamsburg is an ultra-trendy neighborhood in Brooklyn that draws the young and the fashionable from around the world.
Known for being the birthplace of NYC’s hipster movement and its close proximity to Manhattan, Williamsburg has become one of the most desirable neighborhoods in Brooklyn. The old factories from its industrial past have been converted into gorgeous lofts; luxury high-rises with stunning Manhattan views line the waterfront; and boutique condos are mixed among townhouses and old tenement buildings. While the neighborhood continues to evolve wit ... read more
Licensed Associate Broker
13478599909
Licensed Associate Broker
Jennd@brickandmortar.com
13478599909