$5,650,000
Updated 7 years ago
Sold

155 Hope Street

Williamsburg, Brooklyn | Keap Street & Union Ave

10,625 Square FeetIncome Property

$5,650,000
floors / apts5 / 10
Lot Size25'x100'
Built Size25'x85'
ZoneMX8
Building TypeLoft
RE Taxes$7,976
Price Per SF
$532

Building Amenities

  • Voice Intercom

Property Description for 155 Hope Street

> The subject property is a 5-story loft building located on the north side of Hope Street between Keap Street and Union Avenue, in Prime Williamsburg. > The building is 25’ x 85’ and comprises of approximately 10,625 Gross SF, including 9 loft units (front and back layouts) and ground floor retail. > Property benefits from a DAMP (Division of Alternative Management Program) tax exemption until June 2029, saving over $10,000 annually. > The property falls within the Opportunity Zone, presenting an amazing opportunity for investors and business alike, looking to defer capital gains. > Multiple transportation options are available with the L & G subway located 3 blocks away at the Metropolitan – Lorimer station, the J, M, Z subway located within proximity to the Hewes Street station, and NYC Ferry service into Manhattan located along Kent Avenue. > The location offers some of the best retail and amenities in Brooklyn, with countless restaurants, food markets, and entertainment options.

Listing History for 155 Hope Street

Now
08/02/2019
$5,650,000
Sold and Closed by DJ Johnston
B6 Real Estate Advisors
05/09/2019
Contract Signed by DJ Johnston
B6 Real Estate Advisors

Building Details for 155 Hope Street

OwnershipIncome Property
Building TypeLoft
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Floors/Apts5/10
Learn More About the Building

Transit and Citi Bike

Subway

Metropolitan Av
0.06 miles
Lorimer St
0.17 miles
Hewes St
0.36 miles
Marcy Av
0.39 miles
Broadway
0.41 miles

Citi Bike

Hope St & Union Ave
0.03 miles
Metropolitan Ave & Meeker Ave
0.15 miles

Contact Agents

Contact Agents

DJ Johnston
B6 Real Estate Advisors
Bryan Kirk
B6 Real Estate Advisors
Thomas Donovan
B6 Real Estate Advisors

Williamsburg | Brooklyn

Quick Profile

Equal parts family-friendly and millennial haven/nightlife destination, Williamsburg offers the best of all worlds. Whether by night or by day, the ‘Burg has endless options for every type of personality and interest--which has only increasingly become the case after the neighborhood was rezoned in 2005. With the floodgate opened for more varied types of businesses, Williamsburg saw one of the highest rates of development in the past decade than any other part of Brooklyn. 

Referred to as “Little Berlin” for its late night and club-oriented nature, Williamsburg works as hard as it plays. Apart from the Clubland concentrated around Wythe Avenue, there is also a slew of offices (like 25 Kent Avenue, a sprawling eight-floor, 500,000-square foot waterfront building) and co-working spaces such as WeWork, The Yard and Green Desk that make it an ideal location for the corporate-, startup- and tech-oriented set. 

With more offices setting their sights on this part of Brooklyn, it only makes sense that more people want to live close to where they work. Apart from your average walk-up apartment, W-burg has famously become home to numerous condos along the waterfront that continue to grow and expand in concert with the businesses and corporate hubs that have entered the environment. 

Even with its many and undeniable changes, however, Williamsburg remains an arts-friendly community, particularly with regard to music and literature. While DIY spaces have come and gone, certain staples have persisted to become institutions that still provide a place for up and coming musicians to perform. On the literary front, long-standing indie bookstores like Spoonbill and Sugartown and Book Thug Nation have paved the way for others to cross the river, namely McNally Jackson Books. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 74697TH