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Type:
Development
BSF:
Property Description
Investment Property Realty Group (IPRG) is pleased to present 43 Frost Street, located mid-block between Union Avenue and Lorimer Street in the heart of Williamsburg. The property will be delivered vacant.
It is currently configured as a two-family building totaling 1,500 SF over a full cellar with approximately 6’ ceilings. Zoned M1-2/R6B, MZ-8, the 2,500 SF lot allows 5,000 BSF as-of-right — leaving roughly 3,500 SF of unused development rights and a clear path to a boutique four-story condominium project. The existing structure is Tax Class 1 with annual taxes of $4,436.
Delivered free and clear of tenancy, 43 Frost Street offers a buyer full flexibility to renovate and expand the existing building or pursue ground-up development on one of Williamsburg’s most sought-after residential blocks.
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Block & Lot:
2731-31
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Neighborhood:
Williamsburg
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Cross Streets:
Union Avenue & Lorimer Street
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Lot Dimensions:
25 ft x 100 ft
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Total Approx. BSF:
5,000
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Zoning:
M1-2/R6B,
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FAR:
2.0
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Tax Class:
1
