920 METROPOLITAN AVE BROOKLYN NY 11211
Redevelopment | 5,600 SF Buildable | Shovel Ready | Williamsburg
Marketing description
920 Metropolitan Avenue presents a rare opportunity to acquire a fully approved boutique condominium development site in the heart of the Williamsburg / East Williamsburg corridor.
Situated on a 28’ x 100’ lot (2,800 SF), the property comes with approved plans for 5,545 buildable square feet, allowing for seven (7) residential dwelling units.
This is a true shovel-ready condo project in one of Brooklyn’s most established and supply-constrained residential markets.
Development Highlights
Lot Size: 28’ x 100’
Buildable SF: 5,545 SF
Approved For: 7 Residential Units
Asset Type: Boutique Condominium Development
Status: Plans Approved (expired)
Deal subject to approved plans
Investment Profile
The surrounding Williamsburg submarket consistently achieves condominium sellout pricing exceeding $1,400 per square foot, positioning this project for strong revenue potential upon completion.
Projected gross sellout at conservative pricing:
5,545 SF × $1,400 PSF = $7,763,000+
The approved scale allows for efficient 1- and 2-bedroom layouts, with the opportunity to incorporate premium features such as penthouse configurations, private outdoor space, or high-end finishes to further enhance pricing.
Investment highlights
Immediate access to neighborhood retail and dining
Strong end-user demand
Proximity to transportation connecting to Manhattan
Continued residential growth in the surrounding corridor
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