Studio house for sale

Overview

X Marks the Spot on South 1st Street, nestled in the heart of Brooklyn's most sought-after neighborhood, born from the ambitious redevelopment of Domino. This exclusive opportunity presents a rare chance for the riverside transformation of an existing factory (F4 building class), fully-built on a colossal 95 X 100 Lot. The existing warehouse boasts 9, 500 SF of interior space with soaring 20' ceilings. With a Commercial FAR of 2.0 within M3-1 zoning, an additional 9, 500 SF can be expanded upon the property, offering a maximum usable commercial FAR of 19, 000! The possibilities are boundless for a visionary end-user aiming to craft a venue for culinary delights, cultural events, and entertainment, retail shopping, or an innovative hub for creative studios and offices. As of right, the FAR can be expanded up to 2.2 allowing 20, 900 total SF if the existing manufacturing use is maintained. (All zoning regulations, square footage calculations, and tax considerations should be independently verified.) Surrounded by some of the nation's most densely populated and upscale commercial and residential real estate, 34 S. 1st Street holds unmatched potential for commercial success. Esteemed neighbors in close proximity include Supreme, Devocion, Aurora, Ume, Misi, 12 Chairs Cafe, Sunday in Brooklyn, L'industrie Pizza, Roberta's, and Freehold. Once an industrial stronghold, the renowned Domino Campus sprawls along the Williamsburg waterfront, spanning half a mile. When completed, the project boasts over 4, 000 residential units, 10 acres of premier open space and parks, 700, 000 SF of office space, and an array of independent upscale retailers. Commuting to and from the city is effortless with the NYC Ferry, Williamsburg Bridge, and multiple subway lines including J, M, Z, and L. The Sky is The Limit! For more details and to contact: https://realtyww.info/homes_brooklyn-d523175/for-sale_i70823542