Overview

TerraCRG has been retained to exclusively represent ownership in the sale of the vacant multifamily building at 328 Berry Street in Prime Williamsburg, Brooklyn.

328 Berry Street is a 20 ft wide free-market, vacant four family building, positioned between S 4th Street and S 5th Street in Williamsburg. The property consists of 4 floor-through residential units.

Taxes are favorable at $6.6K due to the 2A protected tax class. This offering represents a rare opportunity to acquire a free-market asset with substantial value-add potential in one of the city’s most vibrant and sought-after neighborhoods.

This property is in a thriving residential area in Williamsburg, Brooklyn. In close proximity to well-known restaurants L’Industrie Pizzeria, The Four Horsemen, Leo, Have & Meyer, and Recette. Most residents in the area commute by bicycle, car, or by the G,L,J,M,Z Subway lines that run throughout the neighborhood. Just a 1-minute drive to Williamsburg Bridge and a short walk to the ferry, the location allows for easy access to Manhattan, Queens and the rest of Brooklyn.

Williamsburg is home to many retail tenants such as Nike, Patagonia, Apple and Hermes. Activities nearby include volleyball in Domino Park, tennis, soccer, track, and baseball at McCarren Park, as well as rock climbing at VITAL Climbing Gym on Berry Street.