Developers Dream Project in the heart of Williamsburg. $2,350,000- Building permits from the DOB and design plans for 7 floor, 5 unit building in place. This development site is shovel ready.
150 Hope Street is approximately 20 x 96 ft.
Seller has purchased an inclusionary certificate for the property. Under this program the certificates issued by HPD verify that the affordable housing component has been satisfied "off-site". Therefore, all the buildable square footage at 150 Hope Street, including the inclusionary rights can be rented/sold at market rate.
6850 is the gross buildable square footage and 6424 is the available zoning square footage. The net rentable/sellable as drawn is 5410 square feet of interior (not including stairs and elevator) and 1441 sq. feet of terrace/balcony area.
Located 2 short blocks from the Lorimar L train stop, 150 Hope Street provides the opportunity to build a chic income producing building or condominiums to be rented or sold at market rate. Don't let this opportunity slip you by.