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  • 574 Metropolitan Avenue
  • $ 3,500,000
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211

574 Metropolitan Avenue

East Williamsburg   |   Union Avenue & Lorimer Street

New This Week
Building For Sale
$ 3,500,000
Ownership Multi-Family
Lot Size 24'x75'
Floors/Apts 3/3
Status Active
Real Estate Taxes [Per Annum] $ 8,616
Building Type House
Building Size 20'x40'
Year Built 1901
ASF/ASM 3,380/314
Listing ID: 94325TH

Photos

574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211

Anny Yau

License

Real Estate Broker


W: 347-921-2111

Floor Plan

574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211

Anny Yau

License

Real Estate Broker


W: 347-921-2111
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211

Property Description

The Forray Team at The Corcoran Group is pleased to exclusively present 574 Metropolitan Avenue, a
distinguished mixed-use frame building offering exceptional scale, income potential, and long-term upside in
the heart of prime Williamsburg. Positioned along one of the neighborhood's most active commercial
corridors and moments from McCarren Park, this property presents a compelling opportunity for investors,
developers, and end-users seeking a trophy asset in one of Brooklyn's most dynamic markets.

The property spans approximately 3,840 gross building square feet and sits on a 24.75 ft 75.08 ft lot. Zoned
R7A with a C2-4 commercial overlay, the asset benefits from a 4.0 FAR and approximately 3,592 square feet
of remaining buildable area, allowing for a total buildable of 7,432 square feet. This zoning profile provides
meaningful expansion, repositioning, or redevelopment potential. With annual real estate taxes of
approximately $8,616 under favorable Tax Class 1 status, the property offers attractive carrying costs relative
to its scale and location. Currently offered at a 5% Cap Rate.

The building is configured as three residential rental units over a ground-floor & lower level retail space,
consisting of a 4-bedroom, 1-bathroom unit over a 4-bedroom, 1-bathroom unit over a studio apartment,
with a commercial retail storefront. This layout provides strong income-producing capability while offering
flexibility for an owner-occupant seeking supplemental rental income, a long-term investor targeting
Williamsburg's resilient rental market, or a buyer exploring repositioning and value-add strategies.

Generous ceiling heights, multiple exposures, and prominent frontage along Metropolitan Avenue create an
adaptable foundation for renovation, modernization, or vertical expansion. The mixed-use configuration
further enhances revenue diversification and long-term appreciation potential.

Ideally situated near the intersection of Metropolitan Avenue and Lorimer Street and just moments from
McCarren Park's expansive green space, recreational amenities, and year-round farmers market, 574
Metropolitan Avenue places occupants within immediate reach of Williamsburg's renowned dining, retail,
nightlife, and cultural destinations. Convenient access to the L and G subway lines provides seamless
connectivity to Manhattan and throughout Brooklyn.

Whether pursuing a cash-flowing mixed-use investment, an owner-occupied opportunity with income offset,
or a development play leveraging significant unused FAR, 574 Metropolitan Avenue offers a rare combination
of scale, zoning flexibility, and premier Williamsburg positioning.
The Forray Team at The Corcoran Group is pleased to exclusively present 574 Metropolitan Avenue, a
distinguished mixed-use frame building offering exceptional scale, income potential, and long-term upside in
the heart of prime Williamsburg. Positioned along one of the neighborhood's most active commercial
corridors and moments from McCarren Park, this property presents a compelling opportunity for investors,
developers, and end-users seeking a trophy asset in one of Brooklyn's most dynamic markets.

The property spans approximately 3,840 gross building square feet and sits on a 24.75 ft 75.08 ft lot. Zoned
R7A with a C2-4 commercial overlay, the asset benefits from a 4.0 FAR and approximately 3,592 square feet
of remaining buildable area, allowing for a total buildable of 7,432 square feet. This zoning profile provides
meaningful expansion, repositioning, or redevelopment potential. With annual real estate taxes of
approximately $8,616 under favorable Tax Class 1 status, the property offers attractive carrying costs relative
to its scale and location. Currently offered at a 5% Cap Rate.

The building is configured as three residential rental units over a ground-floor & lower level retail space,
consisting of a 4-bedroom, 1-bathroom unit over a 4-bedroom, 1-bathroom unit over a studio apartment,
with a commercial retail storefront. This layout provides strong income-producing capability while offering
flexibility for an owner-occupant seeking supplemental rental income, a long-term investor targeting
Williamsburg's resilient rental market, or a buyer exploring repositioning and value-add strategies.

Generous ceiling heights, multiple exposures, and prominent frontage along Metropolitan Avenue create an
adaptable foundation for renovation, modernization, or vertical expansion. The mixed-use configuration
further enhances revenue diversification and long-term appreciation potential.

Ideally situated near the intersection of Metropolitan Avenue and Lorimer Street and just moments from
McCarren Park's expansive green space, recreational amenities, and year-round farmers market, 574
Metropolitan Avenue places occupants within immediate reach of Williamsburg's renowned dining, retail,
nightlife, and cultural destinations. Convenient access to the L and G subway lines provides seamless
connectivity to Manhattan and throughout Brooklyn.

Whether pursuing a cash-flowing mixed-use investment, an owner-occupied opportunity with income offset,
or a development play leveraging significant unused FAR, 574 Metropolitan Avenue offers a rare combination
of scale, zoning flexibility, and premier Williamsburg positioning.

Listing Courtesy of Corcoran Group

Anny Yau

License

Real Estate Broker


W: 347-921-2111

Care to take a look at this property?

Apartment Features

A/C
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211
574 Metropolitan Avenue East Williamsburg Brooklyn NY 11211

Building Details [574 Metropolitan Avenue]

Ownership Multi-Family
Service Level None
Access Walk-up
Block/Lot 2761/28
Building Size 20'x40'
Zoning R7A
Building Type House
Year Built 1901
Floors/Apts 3/3
Lot Size 24'x75'

Mortgage Calculator in [US Dollars]

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Anny Yau

License

Real Estate Broker


W: 347-921-2111
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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© 2026 by BC Realty Group.  All Rights Reserved 39 27-29 Street 3rd Floor, Long Island City, NY 11101
347-921-2111 | ayau@bcrealtygroup.com
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39 27-29 Street 3rd Floor, Long Island City, NY 11101
T:   347-921-2111   |   Email:   ayau@bcrealtygroup.com
T01.50.0.0 | Core: 50.0.0