Description de l'actif
Jones Lang LaSalle (“JLL”) is pleased to offer for sale the fee simple interest in 86-90 N 6th Street, a two-building mixed-use and retail portfolio sale located in the Williamsburg neighborhood of Brooklyn, New York (the “Property”). The 30,000 rentable square foot assemblage is 100% leased, offering immediate cash flow yet the opportunity to capitalize on the upside of all leases which expire by the end of 2024. Given the velocity and momentum of residential rentals, office
and retail space in North Williamsburg, 86-90 N 6th Street presents an investor with the rare opportunity to own a retail and mixed-use corner assemblage with tremendous upside in the growing and heavily trafficked area of N 6th Street in Williamsburg.
Caractéristiques de l'actif
Points clés d'investissement
Located on the corner of N 6th Street and Wythe Avenue, 86-90 N 6th Street offers a portfolio of one retail building and one mixed-use building with a total of 11 free-market apartments, 12 offices and three retail storefronts on the prime corner of N 6th Street and Wythe Avenue in Williamsburg, Brooklyn. Additionally, the Property has 75’ of retail frontage along the heavily trafficked N 6th Street as well as 100’ of retail frontage along Wythe Avenue.
The Corner Assemblage is a 30,000 RSF value add opportunity on the corner of one the most desirable and busiest retail corners in all of New York City. The Property, is surrounded by world renowned high street retail tenants, presenting an investor the opportunity to utilize and capitalize on the quality and complimentary shopping experience along North 6th Street and Wythe Avenue.