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429 Kent Ave
Brooklyn, NY 11249

The Oosten Community Facility Condominium · Residential Property For Sale · 216 Units

Investment Highlights

  • Brand new corner condominium in the heart of Williamsburg
  • 15-year lease agreement with annual increases and expense reimbursements
  • Fully leased to school with excellent historical track record
  • Desirable neighborhood with lack of nearby private schools

Executive Summary

Meridian Investment Sales is pleased to exclusively present for sale the Community Facility Condominium at the brand new Oosten development – 429 Kent Avenue. Located in the heart of Williamsburg, the offering is fully leased to Brooklyn Global Prep, a language immersion school that recently signed a 15-year lease. The condominium has a dedicated entrance at the corner of Kent Avenue and South 8th Street and is three stories spanning the ground, mezzanine, and lower level. The Oosten Condominium contains 216 luxury residences. The unit spans approximately 9,500 square feet and benefits from excellent ceiling heights and great corner visibility.

PROPERTY FACTS

No. Units 216
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class A
Lot Size 2.17 AC
Building Size 492,066 SF
Number of Floors 9
Year Built 2016
Parking Ratio 0.2/1,000 SF
APN / Parcel ID 02135-7508

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 31 - -
2+2 31 - -
3+2 31 - -
3+2 31 - -
3+4 31 - -
4+4 31 - -
6+6 30 - -

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Refrigerator
  • Oven
  • Range
  • Wheelchair Accessible (Rooms)
  • Floor to Ceiling Windows

Site Amenities

  • Business Centre
  • Courtyard
  • Fitness Centre
  • Pool
  • Sauna
  • Doorman
  • Games room
  • Media Centre/Cinema
  • Roof Terrace
  • Bicycle Storage
  • Lounge

zoning

Zoning Code R7A
R7A
  • Listing ID: 21360910

  • Date on Market: 29/10/2020

  • Last Updated:

  • Address: 429 Kent Ave, Brooklyn, NY 11249

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