Vacant Building
The 69 Assemblage
69 Graham Ave, Brooklyn, NY 11206
Listing Price: $4,495,000
Investment Overview
Marcus & Millichap is pleased to offer The 69 Assemblage, two contiguous irregular lot developmental sites located at 69 Graham Avenue and 69 Moore Street. Positioned within one of Brooklyn’s fastest-evolving neighborhoods, the site sits at the crossroads of longstanding industrial heritage and rapid residential, retail, and creative-office growth. This section of Williamsburg is experiencing major reinvestment and redevelopment, making it a prime location for ground-up development today.
Recent development sales in this pocket of Williamsburg have traded around $400 per buildable square foot. By comparison, the 69 Assemblage is being offered at approximately $303 per buildable square foot well below recent market levels. This nearly $100 per buildable SF gap creates a compelling value opportunity, giving developers a materially lower land basis and greater flexibility on exit pricing.
The 69 Assemblage
Investment Highlights
- The 69 Assemblage is a prime development site on two contiguous lots, 17,500 SF Buildable As of Right, situated on a 25' X 100' dual lot.
- Lot Zoned: R6- C1-3 | FAR: 3.00 | Tax Class: 4 | 69 Moore Street offers 42 Feet of Frontage
- Located in the heart of Williamsburg and with close proximity to the M, J, and L train, bus routes, Citi Bike delivers seamless connectivity to Manhattan and the rest of Brooklyn.
Listing Price: $4,495,000
Investment Highlights
- The 69 Assemblage is a prime development site on two contiguous lots, 17,500 SF Buildable As of Right, situated on a 25' X 100' dual lot.
- Lot Zoned: R6- C1-3 | FAR: 3.00 | Tax Class: 4 | 69 Moore Street offers 42 Feet of Frontage
- Located in the heart of Williamsburg and with close proximity to the M, J, and L train, bus routes, Citi Bike delivers seamless connectivity to Manhattan and the rest of Brooklyn.
Investment Overview
Marcus & Millichap is pleased to offer The 69 Assemblage, two contiguous irregular lot developmental sites located at 69 Graham Avenue and 69 Moore Street. Positioned within one of Brooklyn’s fastest-evolving neighborhoods, the site sits at the crossroads of longstanding industrial heritage and rapid residential, retail, and creative-office growth. This section of Williamsburg is experiencing major reinvestment and redevelopment, making it a prime location for ground-up development today. Recent development sales in this pocket of Williamsburg have traded around $400 per buildable square foot. By comparison, the 69 Assemblage is being offered at approximately $303 per buildable square foot well below recent market levels. This nearly $100 per buildable SF gap creates a compelling value opportunity, giving developers a materially lower land basis and greater flexibility on exit pricing.
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
