5,600 SF Buildable - Condo Dev site 920 Metropolitan Ave Lot | Résidentiel | 0,03 ha | À vendre | Brooklyn, NY 11211

Reyes & Elsamad Real Estate Group presents an approved condo development Site – 7 Units | 5,545 Buildable SF | Shovel Ready!
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)
Approved For: 7 Residential Units
Asset Type: Boutique Condominium Development
Status: Plans Approved
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.
Location Advantage
Positioned along Metropolitan Avenue, the property benefits from:
Immediate access to neighborhood retail and dining
Strong end-user demand
Proximity to transportation connecting to Manhattan
Continued residential growth in the surrounding corridor
920 Metropolitan Avenue offers developers and investors a streamlined entry into a high-performing Brooklyn condo market with approved plans already in place — minimizing entitlement risk and accelerating the path to construction.
For additional information, plans, and financial projections, please inquire directly. 212-235-2776 x 3