SOLD FOR $7,800,000
· Sold at asking price · Closed June 14, 2018
$7,800,000
340-346 Metropolitan Avenue
MLS® #RLS10049043
Listing by The Corcoran Group
Studio
Bedroom
0
Bath
N/A
Sq. Ft.
1899
Year Built
Sale Details
Property Summary
Description
The Forray Team @ The Corcoran Group is proud to exclusively represent the Symister Portfolio. An Incredible investment opportunity for ownership of 340, 342 & 346 Metropolitan Avenue in the heart of Williamsburg, one of Brooklyn's strongest growth neighborhoods. There are x3 continuous tax lots offering an extremely rare development opportunity for a Prime Residential, Flagship Retail/Mixed Use or Full Commercial Development. Located in one of North Williamsburgs Highest Priced Retail and Residential Corridors. Each property currently has multi-family/mixed-use buildings and can also be improved for users or investors. Current Tax class is 1. The total size of the x3 adjacent lots are approximately 6,004 SF with a Total Buildable (FAR 2.7) SF of 16,211 SF and can have a higher Far of 3.7 totaling 21,614 with inclusionary housing. The approximate gross frontage on Metropolitan Avenue is 664 wide x 90 deep on average. 340 Metropolitan Avenue has an existing 2 story building and 342 & 346 Metropolitan both have a 3 story buildings on the property. Located on bustling Metropolitan Avenue in the core of Williamsburg Northside. There are numerous new developments including hotel, residential, and commercial rising on a daily basis. It's central location is proximate to the L subway line on Bedford Ave & L/G subway lines on Lorimer St, Marcy Ave. JMZ, multiple Parks, the East River & Waterfront. Sandwiched between North Williamsburgs Bedford Ave & Grand Street shopping district it is located in one of the Cities Top Residential & Retail Corridors. Easy access to the Brooklyn-Queens expressway. Some of your neighbors include The Pod Hotel, Apple Store, Whole Foods, WeWork, Citibank, Flywheel, Equinox & soon to come Trader Joes. Please email for a full set up.
Property Details
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Listing courtesy of Chris Cavorti at The Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.