~5,500 SF Residential Mixed-Use Development Site | East Williamsburg

Highlights:

• ~15,000 Residential ZFA As of Right
• ~5,500 Total Lot SF with Dual Frontage
• Three Existing Buildings on Two Tax Lots
• Blocks from J, M, L, and G trains
• Close Proximity to East Williamsburg’s IBZ

Description:

TerraCRG has been exclusively retained to represent ownership in the sale of 69 Graham Avenue & 69 Moore Street, a residential mixed-use development opportunity with dual frontage in the dynamic neighborhood of East Williamsburg.

The combined lots total ~5,449 sqft and offer significant buildable potential for a mixed-use project. As-of-right, the site can accommodate ~14,400 sqft of residential space in addition to commercial and community facility floor area bonuses. Use of the Universal Affordability Program (UAP) allows ~18,000 sqft of residential floor area, adjusted for 485x, subject to affordability requirements.

Located within a rapidly growing Brooklyn neighborhood, the property is well positioned to benefit from continued residential and commercial demand. New construction rental properties and condominiums in East Williamsburg are experiencing strong rental and sales growth, with premium projects commanding top-of-market pricing. The surrounding population is young, highly educated, and diverse, providing a solid demographic base for long-term investment.

The site sits amid East Williamsburg’s vibrant retail and cultural corridors, including acclaimed restaurants and destinations such as Win Son Bakery, Eyval, Baby Blues Luncheonette, Roberta’s, SEY Coffee, as well as boutique shops, groceries, and art galleries. Close proximity to East Williamsburg’s IBZ zone offers additional premier nightlife, entertainment, and cultural attractions. This unique combination of transit accessibility, strong neighborhood amenities, and significant development potential makes this a compelling opportunity for developers seeking to capitalize on the continued growth of one of Brooklyn’s most dynamic communities.