Williamsburg Wharf in New York City
Under Construction

Williamsburg Wharf

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The story so far

Williamsburg Wharf is a roughly four-acre luxury waterfront community on Kent Avenue in South Williamsburg, Brooklyn, developed by Naftali Group with Access Industries and designed by COOKFOX Architects, a 36-story tower with 970 residences at 470 Kent Avenue that broke ground in 2024 and is set to finish in 2029. Financed with $525M from JPMorgan Chase in December 2025.

Riverfront. A 3.75-acre site. The master plan brings five residential towers ranging from 22 to 36 stories and about 1.2 million square feet of residential, retail and cultural space to the East River, wrapped around a public waterfront esplanade with Manhattan skyline views and a ferry landing at its edge. The completed first phase blends the One Williamsburg Wharf condominiums with more than 500 rental apartments across three 22-story buildings, served by a curated retail promenade that is drawing restaurants and a wine bar to Kent Avenue. The second phase, 80 Wharf Way, adds two condominium towers of roughly 415 and 460 feet with 363 for-sale residences and more than 17,000 square feet of lifestyle amenities, completing one of the largest private waterfront assemblages in North Brooklyn.

Expected opening 2029
Phase II comes out of the ground Sep 2026

Foundation 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
Tenant announced Jul 2026

Restaurateur James O'Brien signed a 2,000 sq ft wine-bar lease at 484 Kent Ave (opening 2027).

commercialobserver.com
One Williamsburg Wharf over 70% sold May 2026

Condos launched October 2024 are more than 70% sold and Phase 1 rentals are more than 90% occupied.

therealdeal.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
Topped out Sep 2025

Phase 1 wrapped construction.

newyorkyimby.com
Phase 1 complete 2025

One, Two, Three and Four Williamsburg Wharf opened across three 22-story buildings, with the rental units now more than 90% leased. Phase 2 remains under construction.

yieldpro.com
Sales launched Oct 2024

One Williamsburg Wharf condominium sales launched.

therealdeal.com
Broke ground 2024
Announced 2024 est.

Naftali Group unveils 3.75-acre, ~$600M five-tower Williamsburg Wharf "urban resort" on the South Williamsburg waterfront.

therealdeal.com
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Amenities 15
  • Basketball
  • Cabanas
  • Co-working
  • Fire pit
  • Fitness center
  • Game room
  • Kids club
  • Library
Show all 15Show fewer
  • Outdoor kitchen
  • Pickleball
  • Private dining
  • Rooftop pool
  • Screening room
  • Sun deck
  • Yoga studio
TMW IntelligenceVerified Nov 6, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open

The outlook for Williamsburg Wharf

Timing and similar projects, read from every development in our database.

The New York City market 53-project pipelineSouth Williamsburg 17,141 residences and keys across the projects in our database Explore the market →
Projected pricing $•,•••/sfFull projectionProjection →
Pro tools
Compare projectsSide by side with its nearest compsAnalyze the marketModeled pricing, comps and timing

Companies and contacts

Every firm on Williamsburg Wharf, the office nearest it, and the people who work on it.

Project website
Architect
Interior design
Studio Munge
Toronto, Canada office head officePhone and email
Sales
TMW Intelligence
Projected pricing at delivery
Williamsburg Wharf
New York City · Coming Q4 2025 · Residences
TMW Projection
$1,850 / sq ft at delivery
Projected band $1,600 – $2,100 — modeled from 4 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 · 4 comps · projections are modeled estimates, never listings
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Scenario outlook
Williamsburg Wharf
New York City · 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 pathGradual cuts
Luxury demandSteady
Comp appreciation+6% / yr
Scenarios recompute against the submarket comp set · directional, not guaranteed
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Bear, base and bull: price, sell-out and pace for each case.

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Common questions

Frequently asked

Where is Williamsburg Wharf located?

Williamsburg Wharf is located in New York City.

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, with interiors by Ward + Gray, Studio Munge.

How big is Williamsburg Wharf?

Williamsburg Wharf rises 36 stories with 970 residences.