Closed 09/13/2019

The Johnson Varick Portfolio

512 Johnson Avenue

East Williamsburg

Closed 09/13/2019 at

Site A/512 Johnson Ave 29,000 Lot SF
Site B/498 Johnson Ave 26,000 Lot SF
Opportunity Zone Site A & B
Industrial Business Zone Site A & B
Total ZFA 275,000 ZFA
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Industrial 512 Johnson Avenue, East Williamsburg
Ofer Cohen
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Zoning M1-2
FAR 2.00


TerraCRG has been retained to exclusively represent ownership in the sale of two commercially-zoned properties at 512 Johnson and 498 Johnson Avenue in East Williamsburg, Brooklyn.

The Johnson Varick Portfolio includes two assets that represent 55,000 lot SF. The sites are located within the North Brooklyn Rezoning Proposal and more specifically within the Growth District. The combined proposed FAR would allow for 275,000 ZFA in an energetic area known for trendy office spaces, creative hubs, industrial manufacturing and entertainment/media production. The properties are also located near the BQE allowing for easy distribution to Queens, Manhattan and the rest of Brooklyn.


The Johnson Varick Portfolio is conveniently located by both the Morgan Avenue and Jefferson Street L subway stations and are near some of the neighborhoods most popular bars, restaurants, and boutique shopping. Prevalent spots in the vicinity include House of Yes, Roberta’s Pizza, Brooklyn Steel, Brooklyn’s Natural, The Bushwick Collective, as well as Brooklyn Boulders coming to the area.


House of Yes
Roberta’s Pizza
Brooklyn Steel
Brooklyn’s Natural
The Bushwick Collective
Brooklyn Boulders

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