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87 Wythe Avenue Assemblage - Availability Details

Existing Retail + Development Site, Prime Williamsburg, Brooklyn, NY 11249

  • For Sale $65,000,000
  • City Brooklyn
  • Neighborhood Williamsburg
  • Zip Code 11249
  • Market Brooklyn
  • Property Type Retail - Street Retail
  • Property Size 36,928 Sqft
  • Lot Size 1.03 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1910
  • Date Updated 11 Jun, 2021
The 87 Wythe Avenue Assemblage is bounded by North 10th Street to the South, North 11th Street to the north, and Wythe Avenue to the west. It is within one block of the Williamsburg Hotel, Wythe Hotel, Hoxton Hotel, Brooklyn Brewery, and Brooklyn Bowl.
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Contacts

broker

Paul J. Massey, Jr.

B6 REAL ESTATE ADVISORS

(646) 933-2601

Highlights

  • Assemblage: 200' X 225' total lot dimensions | Zoned M1-2 | 650' of wraparound frontage
  • Existing Building: 12 commercial units | 37K square feet | 80% occupied | Gut-renovated | Mix of high-end retail, office & hospitality | Projecting $2.6MM gross income
  • Development Site: 22,400 SF vacant land | 53K Buildable SF (combined available air rights)
  • Across the street from three major hotels, Brooklyn Bowl & Brooklyn Brewery, and within walking distance of two additional hotels, 25 Kent, Bushwick Inlet Park, and countless other Williamsburg mainstays
  • 6 blocks from the Bedford Avenue L-Train stop, with access to Union Square within 10 minutes, or Grand Central Station within 15 minutes

Attachments

Contact Listing Broker

broker

Paul J. Massey, Jr.

B6 REAL ESTATE ADVISORS

(646) 933-2601

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