Developer Plans Mixed-Use Commercial Building At 101 Varick Avenue, East Williamsburg

101 Varick AvenuePresent-day 101 Varick Avenue, image via Pinnacle Realty

The Rabsky Group is purchasing the single-story, 92,221 square-foot warehouse at 101 Varick Avenue, in East Williamsburg, for $48 million, with prospects to redevelop the 141,863 square-foot property into commercial space. A new office building could measure 280,000 square feet, and would include multiple tenants and ground-floor retail space, according to The Real Deal. The existing warehouse is currently being leased as warehouse, storage, and office space. The deal is expected to close in February.

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