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PROPERTY METRICS

  • Price $1,830,000
  • Property Type Development
  • City Brooklyn
  • State NY
  • Zip 11215
  • Buildable SF 9,196

PROPERTY DETAILS

The Nowak Group of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 150-152 2nd Avenue, a development site located on the corner of 2nd Avenue and 12th Street in the Gowanus neighborhood of Brooklyn, NY. The subject property is a 47 ft x 97.83 ft, M2-1 zoned lot (Block: 01025 Lot: 0043) and allows for a total of 9,196 buildable square feet as-of-right.

150-152 2nd Avenue is strategically located just four blocks away from the 4th Avenue (F & G) and 9th Street (D, N, R & W) subway stations. The subject property is also directly across the street from Lowes and Pathmark, a site that Two Trees purchased back in 2018 for a total of $115MM. Developers, owner-users and investors can purchase a strategically located development site in a growing Gowanus neighborhood. The purchaser can capitalize on the close proximity to public transportation as well as steady growth in commercial property values and rents.

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