Columbia Street Waterfront Development Opportunity
64 DeGraw Street
Columbia Street Waterfront District
Closed 08/19/2016 at
$1,400,000 | $385 per SF
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TerraCRG has been retained to sell the development site located at 64 DeGraw Street in the Columbia Street Waterfront District.
Located between Columbia Street and Van Brunt Street, this 19.5 ft x 100 ft, 1.950 SF site has recently been granted a BSA variance for 3,639 SF for residential development.
The vacant lot will be delivered with the BSA approved plans for a three-story, single family, three-bedroom townhouse with an office, private yard, parking space and a roof terrace. The plans call for a total of 3,639 gross SF of living space.
The property is a short walk to both the Bergen Street and Carroll Street F/G trains and is located one block from the B61 bus. The Brooklyn Waterfront Greenway bike path is located directly across the street. It also has convenient access by car to the BQE and the Prospect Expressway.
Located on the western waterfront of Brooklyn, nestled between Cobble Hill, Carroll Gardens, and Red Hook, the Columbia Street Waterfront District has seen tremendous demand over the last few years with very limited supply, and new construction townhouses are commanding some of the highest prices in the borough. The robust sales market is rivaling neighboring Carroll Gardens, with some homes fetching over $1,100/SF. The private parking space makes this an ideal location for a family with convenient access to amenities like Ikea, Fairway Market and the Whole Foods on Third Avenue as well as a number of bars, restaurants and fun local nightlife.