Updated 10 hours ago
Williamsburg, Brooklyn | North 5th Street & North 6th Street
11 Rooms6 Beds3 Baths3,200 Square FeetMixed Use

$7,500,000
floors / apts4 / 2
Lot Size20'x80'
Built Size20'x40'
ZoneR6B
Building TypeLow-Rise
RE Taxes$6,582
Price Per SF
$2,344

Building Amenities

  • Voice Intercom

Property Description

Premium Flagship Retail & Mixed Use Property for Sale. Located in North Williamsburg?s Highest Priced Retail & Residential Corridors. Introducing an extraordinary opportunity for ownership of 205 Bedford Avenue, the most prime Williamsburg real estate on the market. Located between North 5th Street & North 6th Street the area boasts the highest asking retail rents in North Williamsburg and Tops Brooklyn retail charts as well. There is potential to re-position the existing building to maximize the ground floor retail or develop a full commercial building both scenarios.

Existing Building & Property Features: Current Zoning is R6B, C1-4. Set on a 20? X 80? lot, the existing 4-story masonry & framed building x3 3,200 SF above grade. A full-height cellar offers an additional 720 gross SF. It currently consists of x3 income-producing units: The ground floor restaurant/retail space has soaring 10? ceilings and over 500 SF of outdoor space. The 2nd floor unit is an oversized studio with a loft-like layout, featuring triple-exposures and over 9? high ceilings. A spacious 3 bed/1 bath duplex is set on the top 2 floors. The multiple exposures allow for abundant natural sunlight in both units. Unique details include: original hardwood flooring, custom woodwork, moldings and exposed brick.

The central location is 1.5 short blocks away from the Bedford L subway station and 4 blocks from the NYC Ferry. Located in the epicenter of Williamsburg Northside. This food, tourist and shopping mecca has seen a dramatic transformation that is on par with the top destinations in New York City. The presence of major chains, national retailers, luxurious new developments and hotels have triggered the vibrant revitalization of Williamsburg, Brooklyn. Unquestionably, this is a ?not-to-be missed? opportunity!

Listing History

Now
09/14/2021
$7,500,000
Initial Price by Chris Cavorti
Corcoran
2021

Building Details

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts4/2
Learn More About the Building

Transit and Citi Bike

Subway

Bedford Av
0.09 miles
Metropolitan Av
0.47 miles
Lorimer St
0.48 miles

Citi Bike

N 6 St & Bedford Ave
0.04 miles
Metropolitan Ave & Bedford Ave
0.14 miles
Berry St & N 8 St
0.14 miles

Ferry

North Williamsburg
0.43 miles
8
39
2

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: 72312TH