Check Availability
$4,500,000
↑ $800K (21.6%)
Commercial - For Sale

71 Montrose Avenue

East Williamsburg, NY 11206
bedrooms
Studio
bathrooms
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
Marek Sobolewski
Trademarko Realty Advisors
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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Stu
-
-
$3,750,000 Nov 2, 2017
$3,750,000 Dec 5, 2017
-
Townhouse
Stu
-
-
$3,100,000 Oct 15, 2013
$3,100,000 Mar 18, 2015
-
Townhouse
Stu
-
-
$4,400,000 Jul 1, 2014
$4,400,000 Mar 2, 2015
-
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
House
2 Beds
3 Baths
-
$3,350,000 Nov 12, 2020
$3,350,000 Apr 15, 2021
-
Commercial
Loft
-
-
$3,200,000 Feb 13, 2023
-
$1,381/mo
Townhouse
7 Beds
6 Baths
-
$3,700,000 Jun 9, 2022
-
$4,700/mo
Multifamily
12 Beds
6 Baths
-
$3,650,000 Jun 13, 2023
-
$1,295/mo
Multifamily
5 Beds
2 Baths
2,075 ft²
$1,831/ft²
$3,800,000 Jan 31, 2023
-
-
Multifamily
5 Beds
3 Baths
-
$3,950,000 Jun 10, 2022
-
$405/mo
Townhouse
4 Beds
4.5 Baths
-
$3,950,000 May 19, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190917
09/17/2019
Studio
-
-
$3,495,000
bedrooms
Studio
bathrooms
-
-
-
-
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
More about this Building
71 Montrose Avenue
Want to find out who owns 71 Montrose Avenue, Brooklyn, NY 11206? Get detailed property transactions here .

About Northern Brooklyn


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