96 N 10th Street_Pand te koop
96 N 10th Street_Pand te koop
96 N 10th St, Brooklyn, NY, 11249, US

96 N 10th Street

Objectomschrijving

Jones Lang LaSalle (“JLL”) has been exclusively engaged to facilitate the sale of 96 N 10th Street (the “Property”) in Williamsburg, Brooklyn. The 2-story Commercial Property is positioned on the south side of N 10th Street, between Wythe Avenue and Berry Street. The 43,458 square-foot structure has fully approved plans for a complete commercial renovation, and will be eligible for a new ICAP Tax Abatement. With significant structural work already completed, potential investors can anticipate 12-15 months to finish the renovation, offering immediate upside. Additionally, the split zoning enables a buyer to develop up to 14,013 BSF of residential space as-of-right, or 18,684 BSF of residential space if utilizing the Inclusionary Housing Bonus. Situated in the heart of North Williamsburg, Brooklyn’s prime live-work-play neighborhood, 96 N 10th Street offers investors a clear, quick path to upside and optionality. 

...

Attributen

Bruto gebouwoppervlakte
4.037 vierkante meter
Bruto landoppervlakte
1.876 vierkante meter
Bestemming
M1-2 / R6A (Split Zoning)

Media

Investeringskenmerken

  • Clear/Quick Path to Upside
  • Fully approved plans in place - An Investor can anticipate a new ICAP Tax Abatement, and a 12–15-month period to finish the renovation as the current owner has already completed significant structural work. 
  • Thriving Commercial Market
  • As one of the most heavily trafficked and popular commercial markets in all of New York City, North Williamsburg has attracted national and global retailers, gyms, grocers, and Michelin Star restaurants.
  • Unparalleled Location
  • Situated within a two-block radius of four hotels, The William Vale, The Arlo Williamsburg, The Wythe Hotel, and The Hoxton, 96 N 10th Street is ideally positioned to generate substantial foot traffic along N 10th Street.
  • Development Optionality
  • The Property’s split zoning presents the unique opportunity for a buyer to develop up to 14,013 BSF of residential space as-of-right, and 18,684 BSF of residential space if utilizing the Inclusionary Housing Bonus.
96 N 10th Street 4_Pand te koop
96 N 10th Street 4_Pand te koop

Contact adviseurs

96 N 10th Street (0 Eigendommen)

Vergelijkbare eigendommen

Bekijk meerChevron Right
Heeft u vragen? Bezoek onze FAQ-pagina
Bekijk FAQ-paginaArrow Right
JLL kan u helpen bij de financiering en het beheer van uw portefeuille. E-mail ons vandaag nog om te zien hoe we u kunnen helpen uw ambities te realiseren.
Laatst bijgewerkt
Jun 21, 2024