Residential Development Site On Van Brunt Retail Corridor
348 Van Brunt Street
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TerraCRG has been retained to exclusively represent ownership in the sale of 348 Van Brunt Street, a residential development site in Red Hook, Brooklyn.
The property is zoned R5/C1-3 which is well-suited for a user or investor looking to develop a condo or townhouse project in one of the City’s fastest growing submarkets. The lot is 4,250 SF allowing for 5,313 BSF. Townhouses in the area are selling at north of $1,000/sf.
348 Van Brunt Street is situated on Red Hook’s most prominent retail corridor. Van Brunt Street is lined with restaurants, bars, cafes, bakeries, art galleries, and additional residential projects. The area is booming on the weekends with neighborhood favorites like the Red Hook Lobster Pound, the Copper Pot, Brooklyn Ice House, Brooklyn Crab and more. Fairway Market is also in proximity providing convenient access to a renowned supermarket and food hall.
Several other retailers within the neighborhood include Tesla, Pioneer Works, Red Hook Winery, Van Brunt Still House, Noble Tree Roasting Co. and more.
The property is just two blocks from the NYC Ferry and is also near the BQE – both providing easy access to Manhattan and Queens. The nearest subway is the F-line on the border of Red Hook and Carroll Gardens.