Williamsburg has been very, very good to the owners of the European Marble Works. Or at least it will have been if they get their asking price of $20 million for three corner properties at the intersection of Driggs and Metropolitan Avenue. The location is zoned M-1/M-2 and R-6 so they buyer won’t be able to put up anything like the towers on the waterfront. The listing says that a developer could create 81,000 square feet of residential and commercial space, putting the asking price at a multiple of $250 per buildable square foot. Anyone got any spare change?
$20000000 Three Powerfull Corners [Craigslist]
1) 658 Driggs Avenue: GMAP P*Shark
2) 258 Metropolitan Avenue: GMAP P*Shark
3) 641 Driggs Avenue: GMAP P*Shark