718-395-1877
100 N 3rd St, Brooklyn, NY for Sale
Apartments CONDO - FOR SALE
1/2
null | 6.8% Cap Rate

100 N 3rd St
Brooklyn, NY 11249
Williamsburg


OVERVIEW

TerraCRG has been retained to exclusively represent ownership in the sale of 100 North 3rd Street, a commercial condo located in the heart of Williamsburg, one of Brooklyn’s most dynamic and in-demand neighborhoods. The 718-square-foot retail condo features 23 feet of frontage on North 3rd Street and is currently tenanted by 7 Leaf Clover, a retail storefront focused on the sale of cannabis and hemp products, to the extent allowable by the adult-use retail dispensary license. 7 Leaf Clover offers a curated selection of wellness-focused THC & CBD products and has established itself as a trusted retailer in the cannabis market. The tenant’s strong branding and alignment with the health and wellness trends of the Williamsburg demographic contribute to long-term viability and stable income. At the suggested pricing guidance, the asset is being offered at a ~6.8% cap rate, presenting investors with an opportunity to acquire a well-positioned, income-generating retail property in one of Brooklyn’s most desirable commercial corridors. 100 North 3rd Street benefits from heavy foot traffic, close proximity to prime retail corridors on Bedford Avenue & North 6th Street, and access to an abundance of restaurants, boutiques, and cultural attractions that define the Williamsburg lifestyle.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6.8%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Commercial Condo offered at ~6.8% Cap

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

30,073 SF

STORIES

6

BUILDING CLASS

A

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

M1-2/R6A

APN/PARCEL ID

02358-1024,02358-1031

ASK ABOUT THIS PROPERTY

Remi NorrisTerraCRG Brooklyn Commercial Real EstateMore Info
718-395-1877

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Remi NorrisTerraCRG Brooklyn Commercial Real EstateMore Info
718-395-1877

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.