1176 metropolitan avenue

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FOR SALE

1176 METROPOLITAN AVENUE Williamsburg, Brooklyn

COMMERCIAL BUILDINGS WITH DEVELOPMENT POTENTIAL

PROPERTY FEATURES Address Range

1176-1194 Metropolitan Avenue 230-234 Varick Avenue

Location

Southeast corner of Metropolitan Avenue and Varick Avenue

Block / Lots

2945 / 8 & 15

Zoning

M3-1

Manufacturing FAR

2.00

Combined Lot Dimensions

161.46’ x 113.33’ irregular

Combined Lot SF

13,673 (approx.)

1194 Metropolitan Ave SF

5,275 (approx.)

230 Varick Ave SF

8,110 (approx.)

Gas Station Useable SF

5,850 (approx.)

Total Buildable SF

27,346

For more information, please contact:

Combined Assessment (15/16)

$497,880

Combined Taxes (15/16)

$53,054

Brendan Maddigan Director of Sales 718.307.6507

Mark Lively Associate Director 718.307.6524

[email protected]

[email protected]

Ethan Stanton Senior Associate 718.307.6553

Michael Gigante Associate 718.307.6555

[email protected]

[email protected]

Bogdan Trach Associate 718.307.6554

Taylor Wos Associate 718.307.6506

[email protected]

[email protected]

ASKING PRICE

$10,000,000 205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: +1 718 238 8999 cushmanwakefield.com

The subject property is two industrial buildings and one gas station on two tax lots in East Williamsburg, Brooklyn. 1194 Metropolitan Avenue is a 5,275 SF building which is currently leased until 2016 to a tenant paying $7,000 / month. Both 230 Varick Avenue (8,110 SF two story commercial building) and 1176 Metropolitan Avenue (5,850 SF gas station) are both owner occupied and will be delivered vacant with clean environmental.

Cushman & Wakefield copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.