1 /
33
Map
$4,500,000
↑ $800K (21.6%)
●
Commercial -
For Sale
71 Montrose Avenue
East Williamsburg, NY 11206
Studio
0 Bath
$24,684
Estimated Monthly
$0
HOA / Fees
-0.32%
Cap Rate
About This Property
Historical industrial building that has favorable zoning to allow
both Roof Garden living & running your business from the same
building. Utilize the double wide truck parking / loading
dock for your cars / truck needs while utilizing the same space as
your showroom/ Gallery / store / event space. This
industrial building dates back at least as far as the 1920s and
was home to a smoked fish company in the early 20th century
making front page of the newspapers five times in it's 100yr
history. With the four-story, 25-foot-wide, 8,200-square-foot
property features 13 feet roll-up gate, parking for two trucks, and
12- to 14-foot-high ceilings throughout. It's currently utilized as
a film / photographic production facility which can continue or be
delivered vacant. The buildings usage is
grandfathered in as Industrial but has a residential zoning which
allows conversion to residential , mix used and or Industrial
commercial. It offers a multi dynamic space. Very much
industrial with a truck loading dock/ double street driveway, a
stainless steel freight elevator, existing vintage graphics on
front facade, has a private rooftop garden connected with an
amazing Penthouse Office Space. The rooftop garden has
approximately 1000 ft and is sitting on a solid concrete roof that
could support the capacity and weight of around hundred people.
Also available is a smaller front rooftop garden overlooking a wide
Street and City Park. This is the hub of cultural Renaissance of
Brooklyn. Surrounded by vibrant Greenpoint, Bushwick, downtown
Manhattan, Bed-Stuy, Fort Greene. Building has
multiple transportation options. Three separate subways, able to
Bicycle to all surrounding areas and plenty of street parking.
Located near (4) subways L, M & J, and G train. The L train stop, 4
blocks (Montrose Avenue) ; from the M & J train stop, block and a
half away (Lorimer Street) and the G train, block and a half away
the (Broadway stop). Do not miss this great Opportunity !
Unit Size
-
Days on Market
297 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$2,588
HOA Dues
-
Year Built
1920
Listed By
Last updated: 3 months ago (OneKey MLS #ONE3489221)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 17, 2023 | Price Increased |
$4,500,000
↑ $800K
(21.6%)
|
|
Price Increased | |||
Jul 5, 2023 | Listed by Trademarko Realty Inc | $3,700,000 | |
Listed by Trademarko Realty Inc |
Property Highlights
Parking Details
Total Number of Parking: 2
Exterior Details
Property Information
Square Footage : 8200
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1920
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Acres: 0.06
Lot Size Square Feet: 2500
Lot Size Dimensions: 25x100
Financial Details
Tax Annual Amount: $31,051
Location Details
Directions: www.google.com/maps
County or Parish: Brooklyn
Other Details
On Market Date: 2023-07-05
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Townhouse
4
Beds
4
Baths
-
$3,800,000
Feb 24, 2021
$3,800,000
Oct 15, 2021
-
Multifamily
4
Beds
2
Baths
-
$3,100,000
Dec 27, 2021
$3,100,000
Apr 15, 2022
$1,169/mo
In Contract
Multifamily
5
Beds
2
Baths
2,075 ft²
$1,831/ft²
$3,800,000
Jan 31, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/17/2019
|
|
Studio
|
-
|
-
|
$3,495,000
Studio
-
|
-
-
|
-
|
Andrew Bronsteen
MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES INC
|
Building Info
71 Montrose Avenue
71 Montrose Avenue, Brooklyn, NY 11206
- 1 Units
- 1 Unit for Sale