**Prime Williamsburg Re-Development Opportunity**
**146 and 148 North 7th Street, Brooklyn -- Assemblage Opportunity**
Just off the Corner of Bedford Avenue & North 7th — The Epicenter of Brooklyn Cool
Introducing this rare and irreplaceable opportunity just off the corner at North 7th Street and Bedford Avenue — arguably the most desirable intersection in all of Brooklyn. Located just steps from the Bedford L train, and surrounded by global flagship retail and the vibrant pulse of Williamsburg’s cultural and commercial scene, this is a cornerstone asset with transformational upside.
146 - 148 North 7th Street-- two properties--represents a once-in-a-generation opportunity to control a landmark corner in the heart of Williamsburg’s most active commercial and cultural corridor.
**Asking price $4.5mm per lot, $9mm total**
**Zoning Goldmine — Now Rezoned R6A / C2-4**
Freshly approved rezoning from R6B to R6A with C2-4 overlay unlocks powerful as-of-right development options:
**Each property is 19x100, for a Total 38x100 lot size**
**Residential FAR: 3.0 as-of-right | 3.9 with MIH (Mandatory Inclusionary Housing)**
**Commercial: 100% lot coverage allowed on the ground floor**
**No parking requirement (City of Yes)
**Tremendous tax advantages via ICAP and 485-X programs**
Use the existing **brick structure under tax class protection** to your advantage — develop as an alteration project (not new construction), saving time and costs while maximizing buildable area and long-term value.
While the structures are existing, both properties benefit from the **same R6A / C2-4 rezoning**, offering a unique chance to assemble a **38-foot-wide development site** with substantial frontage and flexible repositioning options.
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Full zoning documents, rent rolls, and assemblage feasibility available upon request.
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**Asking price $4.5mm per lot, $9mm total**
**146 North 7th Street**
This three-family brick building measures 19’ x 50’ over three floors, situated on a 19’ x 100’ lot, — a clean slate for investors, developers, or owner-users.
**148 North 7th Street**
*situated on a 19’ x 100’ lot
* A single-story commercial building, previously Artichoke Pizza and Afternoon Brooklyn
* A rear three-family residential building
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Elite Retail and Condo Potential
Set amid global retail giants like Chanel, Louis Vuitton, and Apple, this location commands top-of-market retail rents and premium condo pricing. Whether your strategy is flagship leasing, high-end residential sales, or a blended product — the fundamentals are bulletproof.
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Active
$4,500,000
146 N 7th St, Brooklyn, NY 11249
5beds
3,000sqft
MultiFamily
Built in 1930
-- sqft lot
$-- Zestimate®
$1,500/sqft
$-- HOA
What's special
Landmark corner
- 14 days
- on Zillow |
- 563 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: June 11, 2025 at 02:04am
Listing by:
Grand & Co. 917-818-4471,
David Shapiro
Source: StreetEasy,MLS#: S1775388
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Laundry: Inside
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard
Details
- Parcel number: 023270015
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Williamsburg
HOA
- Has HOA: Yes
- Amenities included: Laundry
- Services included: Maintenance
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $1,500/sqft
- Tax assessed value: $2,471,000
- Annual tax amount: $6,000
- Date on market: 6/10/2025
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