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Williamsburg Redevelopment Opportunity 73 Kent Ave

25,520 SF Industrial Building Brooklyn, NY 11249 £17,649,225 (£692/SF)

Investment Highlights

  • Significant potential through a repositioning of the building and an activation of the rooftop space.
  • Permanent park and waterfront views of the Manhattan.
  • Situated directly across the street from Marsha P. Johnson State Park & Bushwick Inlet Park.

Executive Summary

RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 73 KENT AVENUE — Williamsburg, Brooklyn (the ‘Property’).
The Property is a two-story, ~25,520 SF building with over 224’ of wraparound frontage. It offers significant potential through a repositioning of the building and an activation of the rooftop space. It is uniquely positioned to benefit from Williamsburg’s 24/7 retail, hospitality, & F&B scene including The Hoxton, Arlo, William Vale, and The Wythe Hotels as well as Second City, Brooklyn Bowl, and more entertainment within a few blocks.
73 Kent Avenue is situated directly across the street from Marsha P. Johnson State Park & Bushwick Inlet Park. Notably, NYC will be demolishing the CitiStorage building across the street to make way for an expanded 27-acre Bushwick Inlet Park, allowing the Property to benefit from permanent park and waterfront views of the Manhattan skyline.
Reach out to the exclusive brokers for more information or to arrange for property inspection.

Property Facts

Price £17,649,225
Price Per SF £692
Sale Type Investment
Sale Conditions Development Sale
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.30 AC
Rentable Building Area 25,520 SF
Number of Floors 2
Year Built/Renovated 1960/2024
Tenancy Single
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02302-0001
Land Assessment
£202,652
Improvements Assessment
£687,745
Total Assessment
£890,397

zoning

Zoning Code M1-2
M1-2
  • Listing ID: 33192637

  • Date on Market: 16/09/2024

  • Last Updated:

  • Address: 73 Kent Ave, Brooklyn, NY 11249

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