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EW3 Portfolio

3 Properties Offered at £19,236,001 in Brooklyn, NY

Executive Summary

Cushman & Wakefield has been exclusively retained to arrange the sale of 100 Bogart Street, 374 Johnson Avenue, & 21 Ingraham Street in East Williamsburg, Brooklyn.
100 Bogart Street is a 2017 construction, mixed-use office building and is comprised of ±40,481 RSF of office space and ±7,500 SF of retail space. Featuring several amenities including 23 on-site parking spaces, bicycle storage, and two extensive rooftops overlooking the Manhattan skyline, this elevator building offers a unique opportunity for investors, user-buyers, and prospective tenants looking to operate in a modernized, new construction property. 100 Bogart is partially occupied and in the process of signing brand-new long-term leases making this a prime opportunity investment.
374 Johnson Avenue is an 18,125 SF single-story warehouse between Bogart Street & Morgan Avenue. The property was renovated in 2014 and is currently occupied by Ichiran Ramen, with a lease until Jan 2031. The NNN lease is $50,000 per month with 3% annual increases.
21 Ingraham Street is a 50 X 100 lot that is zoned M1-1. The lot is directly behind 374 Johnson Avenue and is currently used to store construction/landscaping materials. The tenant has a lease until Jan 2026.
The portfolio is located 2 blocks from the Morgan Avenue L train and given its proximity to prime / trending tenancy including Netflix and House of Yes, these properties are uniquely positioned in an up-and-coming neighborhood that will be evolving for years to come.

Property Facts

Price £19,236,001
Price / SF £256.54 / SF
Sale Conditions
1031 Exchange
  • Design & Build
  • High Vacancy Property
Sale Type Investment or Owner User
Status In Exchange
Number of Properties 3
Individually For Sale 0
Total Building Size 74,981 SF
Total Land Area 1.08 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
374 Johnson Ave, Brooklyn, NY 11206 Industrial 27,000 SF 1920 -
100 Bogart
100 Bogart St, Brooklyn, NY 11206
Office 47,981 SF 2017 -
21 Ingraham St, Brooklyn, NY 11206 Land 0.11 AC - -
Show More > < Show Less
  • Listing ID: 32234424

  • Date on Market: 13/11/2023

  • Last Updated:

  • Address: EW3 Portfolio, Brooklyn, NY

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