Prime Cashflowing Retail & Office | 100% Occupied

For Sale

87 Wythe Avenue, Brooklyn, NY 11249

This Brooklyn property for sale is located at 87 Wythe Avenue. The current listed sale price for Prime Cashflowing Retail & Office | 100% Occupied is $34,750,000. Prime Cashflowing Retail & Office | 100% Occupied is situated on a lot that is 0.52 acre in size.

Contacts

broker

Paul J. Massey, Jr.

B6 REAL ESTATE ADVISORS

(646) 933-2601

Property Details

  • Property Type Retail - Street Retail
  • Property Size 35,068 SF
  • Units 11
  • Lot Size 0.52 Acre
  • Year Built 1945
  • Year Renovated 1945
  • Date Updated Jan 9, 2024
Corner, Prime WilliamsburgThe 87 Wythe Avenue Assemblage is a roughly 35,000 square foot gut-renovated building that is currently 100% occupied and cash-flowing. The turn-key two-story building is split into 11 commercial units, with a tenancy mix of high-end retail, office, and hospitality.

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Highlights

  • 100% Occupied and cashflowing
  • 11 commercial units
  • $2.77M Gross Income
  • 345' of prime frontage
  • High-end buildouts
  • Last remaining vacancy is fully renovated - previous tenant invested $500K+ in improvements
  • Each unit is separately metered and pay their own utilities
  • Tenants pay a portion of RE taxes and CAM
  • Total lot dimensions of 200’ x 225’, bounded by North 10th St to the south, N 11th St to the north, and Wythe Avenue to the west
  • 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

Getting around

  • 98/100

    Walk Score ®

  • 95/100

    Transit Score ®

  • 92/100

    Bike Score ®

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Location

  • City Brooklyn, NY
  • Neighborhood Williamsburg
  • Zip Code 11249
  • Market Brooklyn

Points of Interest

  • Bedford Av Subway Station L line

    0.23 miles

  • Bedford Avenue

    0.27 miles

  • Nassau Avenue

    0.44 miles

  • Lorimer Street

    0.65 miles

  • Metropolitan Avenue

    0.67 miles

  • Greenpoint Avenue

    0.73 miles

  • Graham Avenue

    0.87 miles

  • Marcy Avenue

    0.88 miles

  • Hewes Street

    1.03 miles

  • Grand Street

    1.12 miles

  • Tesla Supercharger

    0.11 miles

  • Gulf

    0.67 miles

  • Speedway

    0.71 miles

  • Sunoco

    0.74 miles

  • BP

    0.77 miles

  • Sonamax

    0.84 miles

  • Gulf

    0.91 miles

  • ChargePoint

    0.99 miles

  • BP

    1.03 miles

  • BP

    1.21 miles

  • Skyport

    1.27 miles

  • Waterside Plaza Parking

    1.40 miles

  • Village View Parking Area 3

    1.41 miles

  • FDNY Fleet Services

    1.54 miles

  • Delancey & Essex Municipal Garage

    1.57 miles

  • NYU Langone Parking Lot D

    1.66 miles

  • NYPD Brooklyn Tow Pound

    1.79 miles

  • Sunny

    1.82 miles

  • Central Parking System of New York, Inc.

    1.84 miles

  • Quik Park

    1.85 miles

  • Le Crocodile

    0.06 miles

  • Mabel's Smokehouse

    0.08 miles

  • Kokomo

    0.09 miles

  • Fat Goose

    0.10 miles

  • Café Colette

    0.11 miles

  • Teddy's

    0.13 miles

  • Cafe Mogador

    0.13 miles

  • Burger Guru

    0.14 miles

  • D.O.C. Wine Bar

    0.15 miles

  • Lucy’s

    0.16 miles

  • Bulletin

    0.17 miles

  • Midoriya

    0.20 miles

  • MUJI

    0.25 miles

  • Whole Foods Market

    0.36 miles

  • Foodtown

    0.41 miles

  • Wize Organic Market

    0.49 miles

  • Associated Supermarket

    0.55 miles

  • Fresh My Day

    0.57 miles

  • C-Town

    0.59 miles

  • Sunac Natural Foods

    0.64 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Paul J. Massey, Jr.

B6 REAL ESTATE ADVISORS

(646) 933-2601