Con Ed Puts Large Williamsburg Waterfront Lot Up For Sale

WILLIAMSBURG, NY — A large stretch of underdeveloped land on Williamsburg's waterfront was put up for sale by Consolidated Edison this week, the real estate agent announced.

Cushman & Wakefield announced that they were hired as the exclusive agent for a 3.2-acre stretch of land along River Street on the East River waterfront and put it up for sale on Monday.

The lot has space for up to 278,910-square-feet of space for development and is zoned for commercial uses like offices or big-box retail spaces, Cushman & Wakefield said.

"Located on the East River waterfront near iconic North Williamsburg buildings like the Austin Nichols House, The Edge and the Domino Sugar development, the River Street Assemblage is a remarkable commercial development site offering incredible scale and opportunity in the center of one of the city’s most desirable neighborhoods," said Brendan Maddigan, executive managing director of Cushman & Wakefield, in a statement.

The site was put up for sale without an asking price which a sales executive for Cushman & Wakefield told Crain's means properties are usually worth more than $100 million.

Image: Cushman & Wakefield