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Three-Family Townhouse Conversion Site
For Sale
Contact for pricing
Pending

129 Wythe Avenue, Brooklyn, NY 11201

Three-family townhouse offering additional development rights for residential conversion in Northside Williamsburg, Brooklyn.

Property SizeContact for details
Days on Market26

Property Features for 129 Wythe Avenue

General Information

Standard status Pending
Property subtype Multifamily, Land

Additional Details

Multifamily Units 3
Listing Agency: JLL - New York City, New York
Listed By: Brendan Maddigan · License #NY 10301206472
Source: Crexi
Added: Jul 21 Changed: Aug 14 Last Checked: Aug 14 at 7:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - New York City, New York

Investment Insights

Based on property information with market context.

This residential conversion site is currently improved with a three-family townhouse and includes additional 1,625 SF of development rights. The property is positioned for a residential-focused redevelopment in Northside Williamsburg.

129 Wythe Avenue is located less than three blocks from the L Train station on Bedford Avenue, providing direct access to Manhattan without transfer. Downtown Brooklyn, Greenpoint, and Queens are also accessible via the G train at the Nassau Avenue Station, along with the East River Ferry, which stops near the N 6th Street terminal.

The surrounding area is supported by established neighborhood dining and retail, with nearby destinations including Café Mogador, Hotel Delmano, Devocion, and Reynard at the Wythe Hotel. Retail activity is also evident along N 6th Street, where Rituals, Credo Beauty, and Kit and Ace have signed leases three blocks away, and where asking rents increased 24% over the past year per REBNY’s Brooklyn Retail Report.

Key Highlights

  • Three‑family townhouse at 129 Wythe Avenue in Northside Williamsburg, Brooklyn
  • Includes additional 1,625 SF of development rights for residential conversion
  • Less than 3 blocks from the L Train Station on Bedford Avenue, with direct access to Manhattan without transfer

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Auto Parts Store Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

7,161
Businesses Nearby

Demographics for 11201, NY

69,703
Population
36,155
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
49,788
Density / Sq Mi
$169,285
Median Household Income
$113,681
Median Earnings
$3,207
Median Rent
$1,131,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-family townhouse offering additional development rights for residential conversion in Northside Williamsburg, Brooklyn.
Where is this triplex located?
The property is located at 129 Wythe Avenue Brooklyn, NY.
What are key features of this property?
This property features: Three‑family townhouse at 129 Wythe Avenue in Northside Williamsburg, Brooklyn; Includes additional 1,625 SF of development rights for residential conversion; Less than 3 blocks from the L Train Station on Bedford Avenue, with direct access to Manhattan without transfer
(212) 376-5449 Call to check price and availability
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