66 N 6th St, Brooklyn, NY, 11249-3009, US

66 N 6th Street

Asset Description

66 N 6th Street is a value-add two-story retail property on prime N 6th Street in Williamsburg, Brooklyn. This location has garnered attention as one of the best retail locations in all of New York City.

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Attributes

Building area gross

1,389 m²

Year built

1920

Number of units

1 units

Media

Investment Highlights

Unique Value-Add Opportunity

66 N 6th Street is a 14,955 SF value-add retail property on the heavily trafficked N 6th Street. The Property is currently leased to the Music Hall of Williamsburg through 12/31/2031, but has a landlord termination right anytime after 1/1/2024. As a result, 66 N 6th Street offers an investor a cash-flowing retail opportunity with significant upside and flexibility in one of the hottest submarkets in New York City.

Robust North Williamsburg Demand

Located on N 6th Street in between Kent Avenue and Wythe Avenue, the Property is just three blocks west from the Bedford Avenue Train Station in Williamsburg. This location is not only in the center of one of the hottest submarkets in New York City, but is also on the most desired retail corridors in all of the boroughs. The Property’s premier location allows for easy and seamless access to Manhattan, while also being situated in one of the best live-play-work neighborhoods.

Premier N 6th Street Location

66 N 6th Street is positioned perfectly in heart of North Williamsburg’s most energetic retail corridor. With 50’ feet of frontage along N 6th Street, the Property offers an investor a variety of ways to unlock its potential. N 6th Street emerged as one the most heavily trafficked and popular retail corridors in all of New York City. National and global retailers include Hermès, Chanel, Glossier, Nike, Le Labo, Lululemon, Google as well as many other prominent retailers. Additionally, the Property is directly adjacent to Patagonia and Birkenstock.