54 N 11th Street, New York, NY 11249

  • $27,000,000
Active
54 N 11th Street, New York, NY 11249
  • $27,000,000

Overview

Property ID: 819002
  • Warehouse, Commercial Sale
  • Property Type
  • 25000
  • Square Feet

Description

This expansive site offers a rare chance to redevelop in one of Brooklyn’s most vibrant neighborhoods. Spanning 225’ x 100’ on N 11th St and an additional 25’ x 100’ one-story property on N 10th St, the lot provides a buildable potential of up to 120,000 SF with bonuses. With as-of-right development at 50,000 SF and an existing 26,109 SF, this property is ideal for commercial or hospitality ventures. Positioned near top destinations like Arlo Williamsburg, The Hoxton, William Vale, and Wythe Hotel, the site benefits from strong foot traffic and proximity to Bushwick Inlet Park and McCarren Park. Just a 5-minute walk to the Bedford Ave L train, the area is a key hub for Williamsburg’s booming retail, tourism, and entertainment market, with rents averaging $70–$80 PSF. This is an unparalleled investment opportunity in a highly sought-after location.

Details

Updated on January 31, 2025 at 7:08 am
  • Property ID: 819002
  • Price: $27,000,000
  • Property Size: 25000 Square Feet
  • Garage Size: x x
  • Property Type: Warehouse, Commercial Sale
  • Property Status: Active

Mortgage Calculator

$174,502.91
Monthly
  • Down Payment $5,400,000.00
  • Loan Amount $21,600,000.00
  • Monthly Mortgage Payment $129,502.91
  • Property Tax $45,000.00
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Jerry Wang
  • Jerry Wang