retail condo 2665 clinton hill
66 WASHINGTON AVENUE, UNIT 2C, BROOKLYN, NY, 11205 RETAIL CONDO LOCATED WITHIN BROOKLYN’S BURGEONING TECH TRIANGLE | FOR SALE
RETAIL CONDO
2,665
Type
CLINTON HILL
Gross SF
Location
Ariel Property Advisors presents 66 Washington Avenue, Unit 2C, a retail condominium located on the east side of Washington Avenue between Flushing and Park Avenues. The 2,665 square foot condo boasts 14 foot high ceilings and contains 1,630 square feet on the ground floor plus an 884 square foot cellar and an additional 191 square foot rear yard. The property will be delivered vacant presenting an opportunity to establish a presence close to successful neighboring tenants on the block such as Steiner Film & TV Studios, Brooklyn Roasting Company, Fresh Fanatic Organic Food Market & Cafe, CKO Kickboxing, Body by Brooklyn, Chase Bank, Grapeshot Wine & Spirits, Il Porto Restaurant and Brooklyn Model Works. Bounded by the Brooklyn Navy Yard to the North and the Pratt Institute to the South, 66 Washington Avenue is poised to benefit from a multitude of factors. The Navy Yard has experienced a massive revitalization effort in just the last couple years and has seen the expansion of Steiner Studios where the Feirstern Graduate School of Cinema was recently launched at the corner. Active developments within the Navy Yard include Building 77, a one million square-foot office redevelopment which will feature a food hall with popular tenants like Russ & Daughters, Dock 72, a 675,000 square foot ground up office building which will be anchored by WeWork, and NYC’s first Wegmans, currently under construction on Admiral’s row. The property sits just a few blocks north of the G and C trains and also has direct access to the B62 and B57 bus lines at either end of block, both providing direct service to Downtown Brooklyn. With no use restrictions, enhanced signage rights above the unit measuring approximately 20’ x 4’ and the seller’s preference to finance the sale at competitive rates, 66 Washington Avenue is an excellent option for an investor or owner user to enter an already rapidly growing neighborhood with considerable upside.
PROPERTY INFORMATION Block / Lot
1874 / 1102
Ground Floor Unit Dimensions
20' x 90'
Cellar Unit Dimensions
20' x 40'
Ground Floor Size
1,630
Sq. Ft. (Approx.)
Cellar Size
884
Sq. Ft. (Approx.)
Rear Yard Size
191
Sq. Ft. (Approx.)
Zoning (FAR)
M1-2
Assessment (16/17)
$138,665
Taxes (16/17)
$17,877
ASKING PRICE: $1,100,000 FOR MORE INFORMATION PLEASE CONTACT OUR EXCLUSIVE SALES AGENTS AT 212.544.9500 I arielpa.nyc Andre Sigourney x55
[email protected]
Daniel Tropp x26
[email protected]
Andrew Howard Johnson x57
[email protected]
FOR FINANCING INFO Paul McCormick x45
[email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. May 5, 2017 12:54 PM
GREENPO
66 WASHINGTON AVENUE, UNIT 2C, BROOKLYN, NY, 11205 AV EN UE D
E Y ST
Z
COU RT
T
ST
ST BO ND
SS
ST ITH
Clinton Washington Avs
G
LAFAYETTE AV
Classon Av
ST EY DN
Bedford Nostrand Avs G
L
BEDFORD
GREENE AV
2 3 4 5
ASKING PRICE: $1,100,000 Atlantic Av C
NOSTRAND AV
SM
Lafayette Av
PRATT INSTITUTE
MYR
G
BEDFORD AV
HO YT
RO
RC MA
GOLD ST
VINE G HILL AR
MAIN ST
DOWNTOW BROOKLYNN
ST
Z
CADMAN PLAZA W
ST MAN
FUR
V NA
ISO
RR
CLINTON HILL G
PARK A
D
Fulton St
LIRR FLATBUSH AV
G
Flushing A
NOSTRAND AV
FORT G GREENE C
BEDFORD AV
Atlantic Av -Pacific St
AV
R
LEE
DEKALB AV
FRANKLIN AV
M
HA
V DA
T
ST
Myrtle Willoughby Avs
WILLOUGHBY AV
GRAND AV
BOERUMD HILL N
FORT GREENE PARK
B Q
NS
OR
GE
ER
RIM LO
SUBJECT PROPERTY
PARK AV
CLASSON AV
BER
2 3 Nevins St 4 5
T
HS
C LYN
V EA
Bergen
IC A V
ST
TH
NT
WY
ATL A
DF
LIU
AV
Q R
ST
BE
NT
B M
LTO N
ES
W HE
WALLABOUT ST FLUSHING AV
FLUSHING AV
MYRTLE AV
DeKalb Av
G
SOUTH WILLIAMSBURG
ST
KE
C. BARRY PARK
FU
G
F
BO
CLINTON AV
BBLE ILL
RNAM
NASSAU ST
VANDERBILT AV
EGE TAL
V EA
High St
SS
RO
WASHINGTON AV
M R
BROOKLYN NAVY YARD
SANDS ST
NAVY ST
Court St
A C
V USH A
ON ST
YORK ST
FLATB
ALEM
F
FOR FINANCING INFO FOR MORE INFORMATION PLEASE CONTACT OUR EXCLUSIVE SALES AGENTS AT 212.544.9500 I arielpa.nyc reco FULT n s PUTNAM AV t ATLAJohnson x57 ructi ON Andre Sigourney x55 Daniel Tropp x26 Andrew Howard on th ST NTIC Franklin Av Paul McCormick x45 F G roug AV [email protected] [email protected] [email protected] [email protected] h jun 2 3 C e 20 Carrloll St HANCOCK ST 08 UN Bergen St The informationOcontained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, IN STbuildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate S all zoning information, to actual vacancy, if any. The value of this prospective BERGfactors which your tax advisor and/or legal counsel should evaluate. The prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other buyer should carefully verify each item of EN S income, and all other information contained herein. May 5, 2017 12:54 PM T 4A V
NE
VIN
Broadwa
J M
DUMBO
York St
Hewes St
Z
TH
Clark St
Metropolit
S4 ST S5 S T
J M
WY
2 3
MAP
Lorim
G
Marcy Av
AV
DIVISION
E
BARGEMUSIC LOCATION
AV
YA V
Waverly Avenue
GE
ID
BR
WATER ST
METROPOLITAN
SOUTHSIDE WILLIAMSBURG
DG
N
BARGEMUSIC
N S
AV
D
FO R
BE D
e
E
T
T
J M
DS
Park
IDG
SA V
BR
AN
DR IGG
ing A venu
GR
LORIMER ST
Flush
RG
BRI
LY
B D N Q
ROOKLYN HEIGHTS
L S
F
BU
UNION AV
AN
ATT
NH MA
1874
MS
Bedford Av
ST
e
E BROADWAY
DR DRIVE
7S
T
ST
LIA
McCARR PARK
NORTHSIDE URG WILLIAMSB L
Washington Avenue
WIL
ST
Avenu
East Broadway
RT H
10
ST
GS
GRA
NO
13
ELI N
Essex St
ND
F
RT H
BER RY
Z
NO
KEN T AV
ALL EN S
J M
RT H
1102
T
Grand St
G
N
NO
RO
X ST ESSE
EAST RIVER PARK
LOWER ELA NC EAST SIDE
F Delancey St B D Between Flushing Avenue D and Park Avenue
AV TAN
TAX MAP
ST
T BIN S DOB
J M L HO Z Bowery RETAIL CONDO LOCATED WITHIN BROOKLYN’S BURGEONING TECH TRIANGLE | FOR SALE US TON
MES
HAT MAN
AV EN UE C
V
AV EN UE B
F
EAST VILLAGE
PARK
AV EN UE A
Lower East Side 2 Av
FRANKLIN
ST
GATES AV
WA
66 WASHINGTON AVENUE, UNIT 2C, BROOKLYN, NY, 11205 RETAIL CONDO LOCATED WITHIN BROOKLYN’S BURGEONING TECH TRIANGLE | FOR SALE
FLOOR PLANS
UNIT 2C REAR YARD 191 SF
UNIT 2C CELLAR SIZE 884 SF UNIT 2C GROUND FLLOR SIZE 1,630 SF
ASKING PRICE: $1,100,000 FOR MORE INFORMATION PLEASE CONTACT OUR EXCLUSIVE SALES AGENTS AT 212.544.9500 I arielpa.nyc Andre Sigourney x55
[email protected]
Daniel Tropp x26
[email protected]
Andrew Howard Johnson x57
[email protected]
FOR FINANCING INFO Paul McCormick x45
[email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. May 5, 2017 12:54 PM
RETAIL CONDO
2,665
Type
CLINTON HILL
Gross SF
Location
Ariel Property Advisors presents 66 Washington Avenue, Unit 2C, a retail condominium located on the east side of Washington Avenue between Flushing and Park Avenues. The 2,665 square foot condo boasts 14 foot high ceilings and contains 1,630 square feet on the ground floor plus an 884 square foot cellar and an additional 191 square foot rear yard. The property will be delivered vacant presenting an opportunity to establish a presence close to successful neighboring tenants on the block such as Steiner Film & TV Studios, Brooklyn Roasting Company, Fresh Fanatic Organic Food Market & Cafe, CKO Kickboxing, Body by Brooklyn, Chase Bank, Grapeshot Wine & Spirits, Il Porto Restaurant and Brooklyn Model Works. Bounded by the Brooklyn Navy Yard to the North and the Pratt Institute to the South, 66 Washington Avenue is poised to benefit from a multitude of factors. The Navy Yard has experienced a massive revitalization effort in just the last couple years and has seen the expansion of Steiner Studios where the Feirstern Graduate School of Cinema was recently launched at the corner. Active developments within the Navy Yard include Building 77, a one million square-foot office redevelopment which will feature a food hall with popular tenants like Russ & Daughters, Dock 72, a 675,000 square foot ground up office building which will be anchored by WeWork, and NYC’s first Wegmans, currently under construction on Admiral’s row. The property sits just a few blocks north of the G and C trains and also has direct access to the B62 and B57 bus lines at either end of block, both providing direct service to Downtown Brooklyn. With no use restrictions, enhanced signage rights above the unit measuring approximately 20’ x 4’ and the seller’s preference to finance the sale at competitive rates, 66 Washington Avenue is an excellent option for an investor or owner user to enter an already rapidly growing neighborhood with considerable upside.
PROPERTY INFORMATION Block / Lot
1874 / 1102
Ground Floor Unit Dimensions
20' x 90'
Cellar Unit Dimensions
20' x 40'
Ground Floor Size
1,630
Sq. Ft. (Approx.)
Cellar Size
884
Sq. Ft. (Approx.)
Rear Yard Size
191
Sq. Ft. (Approx.)
Zoning (FAR)
M1-2
Assessment (16/17)
$138,665
Taxes (16/17)
$17,877
ASKING PRICE: $1,100,000 FOR MORE INFORMATION PLEASE CONTACT OUR EXCLUSIVE SALES AGENTS AT 212.544.9500 I arielpa.nyc Andre Sigourney x55
[email protected]
Daniel Tropp x26
[email protected]
Andrew Howard Johnson x57
[email protected]
FOR FINANCING INFO Paul McCormick x45
[email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. May 5, 2017 12:54 PM
GREENPO
66 WASHINGTON AVENUE, UNIT 2C, BROOKLYN, NY, 11205 AV EN UE D
E Y ST
Z
COU RT
T
ST
ST BO ND
SS
ST ITH
Clinton Washington Avs
G
LAFAYETTE AV
Classon Av
ST EY DN
Bedford Nostrand Avs G
L
BEDFORD
GREENE AV
2 3 4 5
ASKING PRICE: $1,100,000 Atlantic Av C
NOSTRAND AV
SM
Lafayette Av
PRATT INSTITUTE
MYR
G
BEDFORD AV
HO YT
RO
RC MA
GOLD ST
VINE G HILL AR
MAIN ST
DOWNTOW BROOKLYNN
ST
Z
CADMAN PLAZA W
ST MAN
FUR
V NA
ISO
RR
CLINTON HILL G
PARK A
D
Fulton St
LIRR FLATBUSH AV
G
Flushing A
NOSTRAND AV
FORT G GREENE C
BEDFORD AV
Atlantic Av -Pacific St
AV
R
LEE
DEKALB AV
FRANKLIN AV
M
HA
V DA
T
ST
Myrtle Willoughby Avs
WILLOUGHBY AV
GRAND AV
BOERUMD HILL N
FORT GREENE PARK
B Q
NS
OR
GE
ER
RIM LO
SUBJECT PROPERTY
PARK AV
CLASSON AV
BER
2 3 Nevins St 4 5
T
HS
C LYN
V EA
Bergen
IC A V
ST
TH
NT
WY
ATL A
DF
LIU
AV
Q R
ST
BE
NT
B M
LTO N
ES
W HE
WALLABOUT ST FLUSHING AV
FLUSHING AV
MYRTLE AV
DeKalb Av
G
SOUTH WILLIAMSBURG
ST
KE
C. BARRY PARK
FU
G
F
BO
CLINTON AV
BBLE ILL
RNAM
NASSAU ST
VANDERBILT AV
EGE TAL
V EA
High St
SS
RO
WASHINGTON AV
M R
BROOKLYN NAVY YARD
SANDS ST
NAVY ST
Court St
A C
V USH A
ON ST
YORK ST
FLATB
ALEM
F
FOR FINANCING INFO FOR MORE INFORMATION PLEASE CONTACT OUR EXCLUSIVE SALES AGENTS AT 212.544.9500 I arielpa.nyc reco FULT n s PUTNAM AV t ATLAJohnson x57 ructi ON Andre Sigourney x55 Daniel Tropp x26 Andrew Howard on th ST NTIC Franklin Av Paul McCormick x45 F G roug AV [email protected] [email protected] [email protected] [email protected] h jun 2 3 C e 20 Carrloll St HANCOCK ST 08 UN Bergen St The informationOcontained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, IN STbuildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate S all zoning information, to actual vacancy, if any. The value of this prospective BERGfactors which your tax advisor and/or legal counsel should evaluate. The prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other buyer should carefully verify each item of EN S income, and all other information contained herein. May 5, 2017 12:54 PM T 4A V
NE
VIN
Broadwa
J M
DUMBO
York St
Hewes St
Z
TH
Clark St
Metropolit
S4 ST S5 S T
J M
WY
2 3
MAP
Lorim
G
Marcy Av
AV
DIVISION
E
BARGEMUSIC LOCATION
AV
YA V
Waverly Avenue
GE
ID
BR
WATER ST
METROPOLITAN
SOUTHSIDE WILLIAMSBURG
DG
N
BARGEMUSIC
N S
AV
D
FO R
BE D
e
E
T
T
J M
DS
Park
IDG
SA V
BR
AN
DR IGG
ing A venu
GR
LORIMER ST
Flush
RG
BRI
LY
B D N Q
ROOKLYN HEIGHTS
L S
F
BU
UNION AV
AN
ATT
NH MA
1874
MS
Bedford Av
ST
e
E BROADWAY
DR DRIVE
7S
T
ST
LIA
McCARR PARK
NORTHSIDE URG WILLIAMSB L
Washington Avenue
WIL
ST
Avenu
East Broadway
RT H
10
ST
GS
GRA
NO
13
ELI N
Essex St
ND
F
RT H
BER RY
Z
NO
KEN T AV
ALL EN S
J M
RT H
1102
T
Grand St
G
N
NO
RO
X ST ESSE
EAST RIVER PARK
LOWER ELA NC EAST SIDE
F Delancey St B D Between Flushing Avenue D and Park Avenue
AV TAN
TAX MAP
ST
T BIN S DOB
J M L HO Z Bowery RETAIL CONDO LOCATED WITHIN BROOKLYN’S BURGEONING TECH TRIANGLE | FOR SALE US TON
MES
HAT MAN
AV EN UE C
V
AV EN UE B
F
EAST VILLAGE
PARK
AV EN UE A
Lower East Side 2 Av
FRANKLIN
ST
GATES AV
WA
66 WASHINGTON AVENUE, UNIT 2C, BROOKLYN, NY, 11205 RETAIL CONDO LOCATED WITHIN BROOKLYN’S BURGEONING TECH TRIANGLE | FOR SALE
FLOOR PLANS
UNIT 2C REAR YARD 191 SF
UNIT 2C CELLAR SIZE 884 SF UNIT 2C GROUND FLLOR SIZE 1,630 SF
ASKING PRICE: $1,100,000 FOR MORE INFORMATION PLEASE CONTACT OUR EXCLUSIVE SALES AGENTS AT 212.544.9500 I arielpa.nyc Andre Sigourney x55
[email protected]
Daniel Tropp x26
[email protected]
Andrew Howard Johnson x57
[email protected]
FOR FINANCING INFO Paul McCormick x45
[email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. May 5, 2017 12:54 PM
