51 Havemeyer St - Storefront Retail/Office FOR SALE


Brooklyn, NY 11211- Williamsburg
$5,265,000 USD
718-475-4382
51 Havemeyer St, Brooklyn, NY for Sale
$5,265,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | Request Cap Rate

51 Havemeyer St
Brooklyn, NY 11211
Williamsburg


OVERVIEW

• Asking Price: $5,265,000 | $545 PBSF | Condo’s in Immediate Area selling for north of $1,800 PSF • Vacant Brick Mixed Use Built 25’ x 95’ on Ground Floor with Full Usable Basement | 25' x 45' on Upper 2 Floors | Approx 3,500 SF Above Grade | Situated on a 25’ x 100’ Lot • Fully leasable “Covered Land Play” Vacant Building with HVAC already separated and pass-through to each unit. Projection of $250,000 of NOI in as-is shape. • 7,500 BSF as of right (3.0 FAR, R6A/MX-8) with additional 2,250 Market Rate BSF Certificates Secured by Developer for Use “on site” or within “same community board district” for a total of 9,750 BSF • Perfect Live Plus Income Opportunity or Townhouse Redevelopment with Art Gallery on Ground Floor & Retain Air Rights (both excess as of right and the 2,250 BSF additional market rates certs purchase and secured by seller) • Ideal for developer in a 1031 exchange that needs to “park” rollover gains in a future development site.

FOR SALE DETAILS

PRICE

$5,265,000 USD

PRICE/SF

$1,560 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

M1-2/R6A

APN/PARCEL ID

02331-0002

ASK ABOUT THIS PROPERTY

Shaun RineyMarcus & MillichapMore Info
718-475-4382

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Shaun RineyMarcus & MillichapMore Info
718-475-4382

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