168 Havemeyer Street, Brooklyn, NY 11211

Williamsburg, Brooklyn, New York 11211

$19,000,000  

Listing ID Number

25739

Property Description

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 168 Havemeyer Street, a.k.a 231 South 3rd Street, in Williamsburg, Brooklyn. The ‘L’ shaped four-story building has frontage on Havemeyer Street and South 3rd Street.

168 Havemeyer Street is a fully-leased new construction brick four story retail and medical office building with an elevator. The building was built in 2009, and is currently occupied by several noteworthy pharmacies, medical practices, and dental practices with long-term leases in place.

The mantra ‘Live, Work, and Play’ rings true for Williamsburg more so than many parts of New York City. The neighborhood continues to grow as a one of a kind entertainment, dining and retail destination. New mega-developments like the Domino Sugar Factory project will continue to grow the density of the neighborhood and further the need for a high-end community facility space like 168 Havemeyer Street. The property is conveniently located three blocks from the M J Z at Marcy Avenue, and the L & G at Metropolitan Avenue / Lorimer Street are in close proximity to the north. The property is also in close proximity to the Brooklyn Queens Expressway with connection to the Long Island Expressway and other major thoroughfares.

Overview

Building Type:Commercial Buildings
Block/Lot:2420/30
Lot Dimensions:23.58 x 60
irr.
Lot Sq Ft:3,045
approx.
Buildable Sq. Ft:14,616
approx.
Available Air Rights:3,941
approx.
Stories:4
Units:6
Zoning:R6

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Stephen R. Preuss
Senior Managing Director
(718) 512 2118
stephen.preuss@cushwake.com

Joseph Kang
Director
(212) 698-5551
joseph.kang@cushwake.com

Anna Kang
Director
(212) 698-5553
anna.kang@cushwake.com

Nina Kang
Director
(212) 698-5550
nina.kang@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.