Under Construction

Williamsburg Wharf

Brooklyn · Residences

Williamsburg Wharf is a roughly four-acre luxury waterfront community on Kent Avenue in the Williamsburg neighborhood of Brooklyn, New York, developed by Naftali Group with Access Industries.

Official Website
Verified Sep 26, 2026~3.3 yrs to delivery
AnnouncedBreaking GroundConstructionOpening SoonNow Open
2024
Start
2029
Completion
970
Units
36
Floors

Financed with $525M from JPMorgan Chase in 12.19.25.

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Details

470 Kent Avenue, Brooklyn. 36 floors and 970 residences. Broke ground 2024, completing 2029. Financed with $525M from JPMorgan Chase in Dec 2025.

The story so far
Announced 2024 est.Naftali Group unveils 3.75-acre, ~$600M five-tower Williamsburg Wharf "urban resort" on the South Williamsburg waterfront
therealdeal.com
Broke ground 2024
Sales launched Oct 2024One Williamsburg Wharf condominium sales launched
therealdeal.com
Phase 1 complete 2025One, Two, Three and Four Williamsburg Wharf opened across three 22-story buildings, with the rental units now more than 90 percent leased. Phase 2 remains under construction.
yieldpro.com
Topped out Sep 2025Phase 1 wrapped construction per YIMBY
newyorkyimby.com
Financing secured Dec 19, 2025$525M lands Phase II: Naftali Group and Access Industries close a floating-rate construction loan from JPMorgan Chase and GoldenTree Asset Management, fully capitalizing 80 Wharf Way and its 363 condominiums; the finished development runs five towers of 22 to 36 stories
connectcre.com
Tenant announced Jul 2026Restaurateur James O'Brien signed a 2,000 sq ft wine-bar lease at 484 Kent Ave (opening 2027) per Commercial Observer — continued retail lease-up as Phase I fills.
commercialobserver.com
Phase II comes out of the ground Sep 2026foundation slab and perimeter walls are largely formed at 80 Wharf Way as excavation wraps at the southeast corner, starting the two-tower final phase beside the South Williamsburg ferry landing, with substantial completion stated for spring 2029
newyorkyimby.com
Expected opening 2029
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 0 · BalancedBrooklyn marketMarket →
Projected pricing $•,•••/sfFull projectionProjection →
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About the project

Williamsburg Wharf is a roughly four-acre luxury waterfront community on Kent Avenue in the Williamsburg neighborhood of Brooklyn, New York, developed by Naftali Group with Access Industries. The master-planned district spans about a million square feet of residential and retail across multiple towers rising to about 22 stories, wrapped around a public waterfront park with East River and Manhattan skyline views. Its first phase blends the One Williamsburg Wharf condominiums with rental buildings, while a condo-only second phase extends the community along the water, all served by a curated retail promenade and resort-style amenities.

Developer & design
TMW Intelligence
Projected pricing at delivery
Williamsburg Wharf
Brooklyn · Coming Q4 2025 · Residences
TMW Projection
$1,850 / sq ft at delivery
Projected band $1,600 – $2,100 — modeled from 3 comparable launches nearby.
Sales launchTodayDelivery Q4 2025
Projected median
Confidence band
Today

Comparable set — basis for projection

Comparable launch1.2 mi
$1,850
Comparable launch1.2 mi
$1,850
Comparable launch1.2 mi
$1,850
Confidence: Medium · 3 comps · projections are modeled estimates, never listings
Projection values are a TMW Pro surface. The model, comps and band unlock instantly.Unlock with Pro
Scenario outlook
Williamsburg Wharf
Brooklyn · Coming Q4 2025 · Residences
TMW Projection
Projected price / sq ft
$1,850
at delivery, base case
Sell-out timeline
18months
from sales launch to final close
Absorption pace
4.5units / mo
modeled from the comp set

Scenario assumptions

Fed rate path—
Submarket supply—
Luxury demand—
Comp appreciation—
Scenarios recompute against the submarket comp set · directional, not guaranteed
Scenario values are a TMW Pro surface.Unlock with Pro
The Brooklyn market 0 · Balanced supplySouth Williamsburg 4-project pipeline · 1,108 residences and keys Explore the market →
Common questions

Frequently asked

Where is Williamsburg Wharf located?

Williamsburg Wharf is located in Brooklyn.

When will Williamsburg Wharf be completed?

Williamsburg Wharf is under construction, with completion expected in 2029.

Who is developing Williamsburg Wharf?

Naftali Group, Access Industries is the developer behind Williamsburg Wharf.

Who designed Williamsburg Wharf?

Williamsburg Wharf was designed by COOKFOX Architects.

How big is Williamsburg Wharf?

Williamsburg Wharf rises 36 stories with 970 residences.