Clinton Hill Development Site with Plans

132 Waverly Avenue

Clinton Hill

$2,200,000

Size 3,269 SF
Plans 6-Unit Condo Building
Cross Streets Myrtle Avenue + Park Avenue
Subways
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Development 132 Waverly Avenue, Clinton Hill
Peter Matheos
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Overview

TerraCRG has been retained to exclusively represent ownership in the sale of the development site at 132 Waverly Avenue in Clinton Hill, Brooklyn.

132 Waverly Avenue is a 3,269 SF lot located between Park and Myrtle Avenues. The property will be delivered with approved plans for a 6-unit condo building. Luxury condominium sellouts in this neighborhood can reach over $1,300/SF.

132 Waverly Avenue is located within a Qualified Opportunity Zones recently created under the Tax Cuts and Jobs Act of 2017 & is outside the Clinton Hill Historical District.

Attractions

Several major institutions within a short distance of the building include The Brooklyn Navy Yard, The Pratt Institute, Brooklyn Academy of Music, and Barclays Center. The property also benefits from its proximity to three major retail corridors: Myrtle Avenue, Dekalb Avenue and Fulton Street, which together are home to a wide array of retailers, including both national chains and local stores and a myriad of bars and restaurants, including some of the most acclaimed restaurants in Brooklyn.

The commute to Union Square in Manhattan is only 25 minutes from the Clinton-Washington Avenues subway on Fulton Street, just a few blocks away. Several other stations are within walking distance, including the major hub, Atlantic Avenue-Barclays Center, with the N, Q, R, B, D, 2, 3, 4 and 5 trains as well as the Long Island Railroad.

Barclays Center
Brooklyn Academy of Music
The Pratt Institute
The Brooklyn Navy Yard

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