Residential Development Site in East Williamsburg
188 Ainslie Street
East Williamsburg
B24. B48. B59
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(718) 489-8333
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Overview
TerraCRG has been retained on an exclusive basis to market the sale of
188 Ainslie Street, a development site located between Leonard Street &
Manhattan Avenue, in the heart of the residential portion of East
Williamsburg.
The property is 25 x 100 ft, zoned R6B, and comes with additional air rights
for a total of approximately 5,850 BSF. The site is currently improved with a
2-family home and will be delivered vacant.
Attractions
Over the years East Williamsburg has continued to be one of the most
desirable neighborhoods for buyers and renters alike. The neighborhood
has that sought-after genuine Brooklyn feel with family-owned businesses
that seamlessly blend with trendy new espresso bars. You’ll find longtime
generational residents next to first time New Yorkers, making this
community a melting pot of diversity and creativity.
There is convenient subway access to the G/L/J/M/Z lines along with
multiple bus routes in the area. The site is also a short distance to
Williamsburg and other strong restaurant and retail corridors like
Metropolitan Avenue, Union Avenue and Grand Street.
The neighborhood has also seen a slew of large scale and boutique
developments in the recent years that include condominium, rental, retail
and hotel properties. Some recent notable developments include 500
Metropolitan Avenue (Hotel Indigo, 187 keys, with 52 residential units), 785
Metropolitan Avenue 81 units), The Umbrella Factory 69 units) & 56 Ainslie St (27 units).
