$9,900,000
Updated 11 years ago
Off Market

199 Cook Street

East Williamsburg, Brooklyn | Bushwick Ave & White Street

25,875 Square FeetDevelopment Site

$9,900,000
floors3
Lot Size100'x125'
Built Size69'2"x125'
ZoneM1-2
Building TypeLow-Rise
RE Taxes$42,453
Price Per SF
$383

Property Description for 199 Cook Street

This three-story brick building is a rare re-development opportunity in a rapidly emerging section of Williamsburg, Brooklyn. In just a few years this neighborhood has exploded in popularity and now includes two Michelin recommended restaurants (Momo Sushi and Roberta’s) as well as numerous bars, music venues and art galleries. This 25,875 square foot building has approved plans to build an additional 15,000 square feet for a light manufacturing use and take advantage of a very usable, partially above-grade space full basement and 30’ side yard. The L train, located less than five blocks away at Morgan Avenue, provides direct access to Manhattan without transfer. Additionally, the property may be eligible for an ICAP tax abatement. The Rheingold Brewery Site rezoning, just south of Flushing Avenue and the subject property, has been approved for mixed-use redevelopment bringing almost 1,000 new residential units, as well as new retail and public space to the immediate area. (All zoning & buildable square footage should be independently verified by the buyer.)

Listing History for 199 Cook Street

Now
04/02/2015
POM by Michael Amirkhanian
Cushman & Wakefield
2015

Building Details for 199 Cook Street

OwnershipDevelopment Site
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1931
Floors3
Learn More About the Building

Transit and Citi Bike

Subway

Morgan Av
0.23 miles
Flushing Av
0.37 miles
Montrose Av
0.39 miles
Myrtle Av
0.42 miles

Citi Bike

White St & Moore St
0.09 miles
Central Ave & Flushing Ave
0.11 miles

Contact Agents

Contact Agents

Michael Amirkhanian
Cushman & Wakefield
Mark Lively
Cushman & Wakefield

East Williamsburg | Brooklyn

Quick Profile

East Williamsburg is a mixed industrial neighborhood in Brooklyn, with many working factories that make everything from beer and wontons to clothing and concrete. You are likely to hear screeching, pounding and the deep thump of industrial machinery throughout the day. East Williamsburg has become a haven for artists and musicians of every description, who are attracted to the large open loft spaces of the converted industrial buildings. The area has attracted a younger crowd of 20- and 30-somethings that are drawn by affordable rents and a generally lower cost of living.

There is a rich history of immigrants from Puerto Rico and Italy, and oddly enough, they chose to settle on opposite ends of Graham Avenue, with the Italians on the north and the Puerto Ricans on the south.

Housing in the area consists of mid-rise apartment buildings, row houses, and public housing complexes. There are also smaller multi-family apartment buildings available. Lofts are becoming more prevalent as the older, abandoned factory buildings come up for sale and are converted into residential properties. 

East Williamsburgfairly pulses with a creative vibe. There are unique shopping venues, numerous tiny coffee shops, interesting restaurants, and cafes, along with food trucks that frequent the area. The grocery stores are affordable and carry a wide variety of goods that appeal to the eclectic tastes of the neighborhood residents.

There is a vibrant bar scene, where you will find mostly local residents imbibing, so it is easy to make friends among your neighbors if you stop in frequently at your favorite watering hole. There are many interesting shops, bars and restaurants tucked in amongst the warehouses and factories. Many do not invest in elaborate signage, so it can be difficult to find some of the best spots. Keep an eye out for hand-painted signs on the sides of buildings with arrows pointing to nondescript, nearly invisible entrances.

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: 53140TH