212-419-8101
200 Kent Ave, Brooklyn, NY for Sale
Office - FOR SALE
1/13
null | Request Cap Rate

200 Kent Ave
Brooklyn, NY 11249
Williamsburg


OVERVIEW

UCC FORECLOSURE SALE: Auction Date: Friday, March 8th, 2024 at 1:30 PM COLLATERAL SNAPSHOT • 135,611 SF Class-A mixed-use, “The TRADER JOE’S Building” • Comprising an entire city block | 626’ of total frontage • Recently constructed | 83’ tall | multi-level retail, office, and parking garage • Floor to ceiling windows, 3rd floor outdoor terrace, and sprawling roof deck with sweeping views of the Manhattan and Brooklyn skylines • Potential to utilize upper floors for a high-end restaurant, social club, or nightlife/ event space with outdoor areas • Retail space leased to Trader Joe’s through November 2034 • Proposed rezoning plan will allow for the 2nd floor parking to be used as a full floor community facility space • Additional income from oversized billboard SPACE BREAKDOWN (gross): • 22,585 SF: Sub-Cellar (Trader Joe’s) • 22,585 SF: Cellar (40 Parking) • 22,188 SF: Ground Floor Retail • 22,585 SF: 2nd Floor (146 Parking) • 5,069 SF: 3rd Floor Retail • 14,735 SF: 3rd Floor Outdoor Space • 12,932 SF: 4th Floor Office Space • 12,932 SF: 5th Floor Office Space • 6,000 SF (approx.): Rooftop Terrace AREA DETAILS: • Rare opportunity to own a piece of Prime Williamsburg Waterfront which is in the midst of a $3 billion redevelopment. The Domino Sugar Refinery and other planned developments call for over 5,000 units and 800,000 square feet of waterfront parks, a beach, amphitheater, mini golf, boating cove, community and commercial space • Short walk to North Williamsburg ferry terminal (1.6M annual riders) • Close proximity to Bedford L train station which hosts 10M annual riders, the Brooklyn Queens Expressway / i278, and the Williamsburg Bridge

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Supermarket

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

A

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

160

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

M3-1

APN/PARCEL ID

02356-0001

ASK ABOUT THIS PROPERTY

Greg CorbinNorthgate Real Estate GroupMore Info
212-419-8101

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Greg CorbinNorthgate Real Estate GroupMore Info
212-419-8101

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