35K SF of Cashflowing Retail & Office | 100% Occupied
87 Wythe Avenue, Brooklyn, NY
For Sale
Commercial
$34,750,000
Price
Overview
Description
B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of the 87 Wythe Avenue, a mix of existing high-end retail and office, located on one of Williamsburg, Brooklyn's premier commercial corridors. The 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.
Highlights
- 345' of frontage on the corner of N 10th.
- 11 commercial units
- 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
Documents
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87_Wythe_Avenue_Setup_.pdf
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