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    151 Lawrence St Brooklyn, NY 11201

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    For Sale
    Contact for pricing

    Large development site in Downtown Brooklyn with significant potential.

    Lot size:
    8.18 Acres

    Property Features for 151 Lawrence St

    General Information

    Lot size
    8.18 Acres

    Source: JLL | New York City Agent Michael Mazzara

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Brooklyn Development Site

    Located in the heart of Downtown Brooklyn, this development site offers scale and optionality. The site has a 33,153 square foot footprint at the northeast corner of Fulton and Lawrence Streets, extending through to Bridge Street. With a total UAP ZFA of 356,369 square feet, the site is positioned to construct multiple buildings. The location provides convenient access to Lower Manhattan in under 10 minutes and Midtown in under 25 minutes. Several major subway stations are nearby, including Hoyt Street Station (2, 3 trains), Jay Street – MetroTech Station (N,R,W,A,C, F trains), Borough Hall Station (4, 5 trains), and Dekalb Avenue Station (B,D,N,Q,R, W trains). The area's market dynamics are favorable, as residential demand has outstripped new construction. Downtown Brooklyn’s retail environment is attracting attention from major national brands, and the site's location provides access to retailers, including Apple, Trader Joe’s, Equinox and Whole Foods. The property is an investment opportunity within Downtown Brooklyn, a neighborhood characterized by growth.
    Location Intelligence

    Current Use by Public Records

    ASA College College Crystal Angerville Counselor Brooklyn Community Services Non-Profit Organization CASES Legal Services Brooklyn Human Resources ... City Government Office

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.986219
    Latitude
    40.691818

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    FAQs

    What type of property is this?
    Land - Large development site in Downtown Brooklyn with significant potential.
    Where is this land located?
    The property is located at 151 Lawrence St Brooklyn, NY.
    What are key features of this property?
    This property features: - Significant Development Potential: Boasting a 33,153 SF footprint with a total UAP ZFA of 356,369 SF, allowing for the construction of multiple buildings.; - Prime Downtown Brooklyn Location: Situated in a high-growth area.; - Excellent Transportation Access: Proximity to multiple major subway stations providing quick access to Lower Manhattan and Midtown.
    (212) 812-5700
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    151 Lawrence St Brooklyn, NY 11201
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    Brooklyn, NY 11201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    151 Lawrence St Brooklyn, NY 11201
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