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95 Jefferson St

5,000 SF 27% Leased Industrial Building Brooklyn, NY 11206 £4,628,019 (£926/SF) 12.20% Net Initial Yield

Executive Summary

Very rare and hot restaurant location in Williamsburg and Bushwich for sale, it is next and close to M, J, Z train Myrtle Ave Station and walking distance to Broadway, Bushwich Ave, Myrtle Ave, Flushing Ave core commercial districts, it is close to Williamsburg Bridge and freeway 278 and about 10 minutes travel distance to Manhattan Downtown, the lot size is 106 feet by 109 feet, corner location, the building has high ceiling, the current building has about 5000 square feet in door space and 20 parking spaces, it has extra air right of about 15000 sq to build. It is suitable to use as a restaurant and it can be used for other commercial use or light industrial use or community service. The building has excellent investment return with huge up-trend potential, or it can be owner occupied to operate a business. Seller is motivated and co-broke is welcome.

Property Facts

Price £4,628,019
Price Per SF £926
Sale Type Investment or Owner User
Net Initial Yield 12.20%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Dealership
  • General Retail Restaurant
  • General Retail Storefront
Building Class C
Lot Size 0.19 AC
Rentable Building Area 5,000 SF
Number of Floors 2
Year Built 1931
Parking Ratio 4/1,000 SF
No. Dock-High Doors/Loading 1
Level Access Doors 2

Amenities

  • Cooler
  • Courtyard
  • Fenced Lot
  • Fitness Centre
  • Freezer (Space)
  • Restaurant
  • Roof Lights
  • Yard
  • Fluorescent Lighting
  • Air Conditioning
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (84)
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
03162-0031
Land Assessment
£88,952
Improvements Assessment
£110,837
Total Assessment
£199,789

zoning

Zoning Code M1-1
M1-1
  • Listing ID: 30626277

  • Date on Market: 10/01/2024

  • Last Updated:

  • Address: 95 Jefferson St, Brooklyn, NY 11206

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