93 N 6th Street - Massey Knakal

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FOR SALE

93 N 6TH STREET Williamsburg, Brooklyn

TWO-STORY VACANT RETAIL BUILDING

Property Features Location

Rendering

Greenpoint G

93 N 6th Street

L L G

M J Z

Williamsburg

Asking Price

$11,500,000

Located on the north side of N 6th Street between Wythe Avenue and Berry Street

Block / Lot

2326 / 36

Lot Dimensions

25’ x 145’

Lot Size

3,625 SF

Building Dimensions

25’ x 85’

Plus Extension

Gross Building Size

5,750 SF

+ 2,000 SF Basement

Stories

2

Zoning

M1-2 / R6A 2.70

Up to 3.60 w/ IH

R6B Residential FAR

2.00

Up to 2.20 w/ IH

Manufacturing FAR

2.00

Development Rights

9,000 BSF

Up to 11,475 BSF w/ IH

Available Air Rights

3,250 BSF

Up to 5,725 BSF w/ IH

Assessment (17/18)

$434,158

Taxes (17/18)

$45,908

Tax Class 4 Based on 16/17 rates

Information presented herein is subject to change and should be individually verified. All measurements and square footage estimates are approximate.

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of a two-story retail building located on an oversized lot at 93 N 6th Street in Northside Williamsburg, Brooklyn. The building spans roughly 5,750 SF with additional 2,000 SF of below-grade space and 3,250 SF of available air rights. The property will be delivered entirely vacant and in white-box condition. With projected retail rents at a blended rate of $150/SF for the useable space, the property could generate over $1 million in gross annual revenue and a capitalization rate of 7%. 93 N 6th Street is conveniently located within three blocks of the Bedford Avenue L train station and the East River Ferry Terminal.

For further information, please contact exclusive agents: Brendan Maddigan

Mark Lively

Executive Managing Director

Director

718 307 6507

718 307 6524

Ethan Stanton

Michael Gigante

Director

Associate Director

718 307 6553

718 307 6555

Michael Purcell

Nicole Daniggelis

Associate

Associate

718 307 6550

718 307 6506

[email protected]

cushmanwakefield.com

Partial R6B Zoning

R6A Residential FAR

[email protected]

CUSHMAN & WAKEFIELD REALTY OF BROOKLYN, LLC One Pierrepont Plaza, 9th Floor, Suite 2, Brooklyn, NY 11201

Plus Basement

[email protected]

[email protected]

[email protected]

[email protected]

Cushman & Wakefield Copyright 2017. 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.

FOR SALE

93 N 6TH STREET Williamsburg, Brooklyn

TWO-STORY VACANT RETAIL BUILDING Second Floor

1,600 GSF

Ground Floor Lower Level

2,000 GSF

3,625 GSF

Cafe Mogador

N 7TH STREET

N 6TH STREET

KENT AVENUE

CVS

Fabbrica

Sandro

Sweetleaf

WYTHE AVENUE

Gentry Maje

Aland

Credo

Vans

cushmanwakefield.com

GANT

Rituals

Le Labo

Starbucks

Madwell

Toby’s Estate

Lululemon Juice Generation

ID Menswear

Juliette

For further information, please contact exclusive agents: Brendan Maddigan

Mark Lively

Executive Managing Director

Director

718 307 6507

718 307 6524

Ethan Stanton

Michael Gigante

Director

Associate Director

718 307 6553

718 307 6555

Michael Purcell

Nicole Daniggelis

Associate

Associate

718 307 6550

718 307 6506

[email protected]

[email protected]

CUSHMAN & WAKEFIELD REALTY OF BROOKLYN, LLC One Pierrepont Plaza, 9th Floor, Suite 2, Brooklyn, NY 11201

16 Handles

Artichoke Pizza

93 N 6th Street

Zenkichi

Urban Outfitters

93 N 6th Street sits at the center of one of Brooklyn’s most desirable retail corridors where average asking rents command up to $300/ SF. This coveted, four-block stretch of N 6th Street (between Driggs and Kent Avenues) has seen recent leases signed with starting annual rents in the $1 million range. Current and newly signed tenants include Lululemon, Vans, Rituals, Aland US, Credo Beauty and Le Labo with many more tenants eager to enter the market.

Antica Pesa

BERRY STREET

Smorgasburg

[email protected]

[email protected]

[email protected]

[email protected]

Cushman & Wakefield Copyright 2017. 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.