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18,000 SQ. FT.

NORTH WILLIAMSBURG DEVELOPMENT

170 S 1ST STREET
BROOKLYN, NY 11211

This property is located between Bedford and Driggs Avenues, on the south side of the block. We purchased this property as a vacant warehouse and we are currently converting it to an 18,000 sq. ft. luxury mixed-use property. The building will consist of approximately 5,000 sq. ft. ground-floor retail, with 13,000 sq. ft. of luxury high-end condominiums. The current residential condo market value is over $1,400 sq. ft.. With current retail market rents reaching $75 sq. ft., just the retail condo has a market value of over $5,000,000.