65 N 7th St - Warehouse FOR SALE


Brooklyn, NY 11249- Williamsburg
$5,250,000 USD
718-475-4358
65 N 7th St, Brooklyn, NY for Sale
$5,250,000 USD
Warehouse - FOR SALE
1/34
null | Request Cap Rate

65 N 7th St
Brooklyn, NY 11249
Williamsburg


HIGHLIGHTS

  • Double Net-Leased Single-Tenant Retail Building located one block from the Best Retail Corridor in all of Brooklyn
  • 2 Story Retail Bldg with Turn-Key Restaurant Build Out | Long Term Lease with Extremely Successful Restaurant
  • One Block from elite retail brands like Hermes, Chanel, Vuori, Rolex, Abercrombie, Madewell, Sezane, etc.
  • 100 Ft from Martha P. Johnson Waterfront Park and Directly in the Walking Path from the L Train to World Renowned Smorgasburg
  • 1,500 SF of Additional Air Rights Provide Future Redevelopment Potential
  • 3 Blocks from the L Train at Bedford Avenue & N 7th Street

OVERVIEW

The New York Multifamily Team is pleased to present 65 North 7th Street. A rare opportunity to acquire a prime, 25-foot-wide, 3,500 SF, fully turn-key double net-leased retail building in the heart of Northside Williamsburg, fully occupied by Bee’s Knees Honey Lounge on a 12-year double net lease running through November 2033, with a 5-year extension option. Positioned just one block from North 6th Street, Northside Williamsburg’s marquee luxury corridor, the property sits at the epicenter of the most explosive retail story in New York City. Hermès, Chanel, Rolex, and Patagonia anchor an ever-growing roster of world-class brands along North 6th Street, while nearby Kent Avenue has emerged as a world-class destination in its own right, drawing global retailers, flagship concepts, and record foot traffic to the Williamsburg waterfront. Just a few blocks in America have attracted this caliber of luxury tenancy, and 65 North 7th Street offers ownership directly in its path. The investment delivers both security and growth: the lease features a built-in rent jumps in November 2026, driving immediate income growth for a new owner, and at the $5,250,000 asking price, the property offers secure, escalating net-leased income. Beyond the in-place yield, the property includes an additional 1,500 SF of available air rights on a 25’ x 100’ lot, zoned M1-2/R6B within the Mixed Use District (MX-8), providing long-term optionality for expansion or redevelopment in one of Brooklyn’s most land-constrained and rapidly appreciating corridors. With land values in Northside Williamsburg achieving more than $750 per buildable square foot, condo pricing in this pocket surpassing $2,500 per square foot, and luxury retailers bidding up the surrounding blocks, 65 North 7th Street combines durable, contractual cash flow today with a clear path to capture significant future value a combination virtually impossible to replicate in a stabilized, income-producing asset. World-Class Retail at the Property’s Doorstep Positioned just one block from North 6th Street, Northside Williamsburg’s marquee luxury corridor, 65 North 7th Street sits at the epicenter of the most explosive retail story in New York City. Hermès, Chanel, Rolex, and Patagonia anchor an ever-growing roster of world-class brands along North 6th Street, while nearby Kent Avenue has emerged as a world-class destination in its own right, drawing global retailers, flagship concepts, and record foot traffic to the Williamsburg waterfront. Few blocks in America have attracted this caliber of luxury tenancy, and 65 North 7th Street offers a rare opportunity to own retail real estate directly in its path.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$1,500 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06

LAND SF

2,614

ZONING

M1-2/R6B

APN/PARCEL ID

02317-0035

ASK ABOUT THIS PROPERTY

Mike SalvaticoMarcus & MillichapMore Info
718-475-4358

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Mike SalvaticoMarcus & MillichapMore Info
718-475-4358

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