Williamsburg Redevelopment Opportunity | 73 Kent Ave
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Williamsburg Redevelopment Opportunity 73 Kent Ave
25,520 SF Industrial Building Brooklyn, NY 11249 $22,500,000 ($882/SF)
Investment Highlights
- Significant potential through a repositioning of the building and an activation of the rooftop space.
- Permanent park and waterfront views of the Manhattan.
- Situated directly across the street from Marsha P. Johnson State Park & Bushwick Inlet Park.
Executive Summary
RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 73 KENT AVENUE — Williamsburg, Brooklyn (the ‘Property’).
The Property is a two-story, ~25,520 SF building with over 224’ of wraparound frontage. It offers significant potential through a repositioning of the building and an activation of the rooftop space. It is uniquely positioned to benefit from Williamsburg’s 24/7 retail, hospitality, & F&B scene including The Hoxton, Arlo, William Vale, and The Wythe Hotels as well as Second City, Brooklyn Bowl, and more entertainment within a few blocks.
73 Kent Avenue is situated directly across the street from Marsha P. Johnson State Park & Bushwick Inlet Park. Notably, NYC will be demolishing the CitiStorage building across the street to make way for an expanded 27-acre Bushwick Inlet Park, allowing the Property to benefit from permanent park and waterfront views of the Manhattan skyline.
Reach out to the exclusive brokers for more information or to arrange for property inspection.
The Property is a two-story, ~25,520 SF building with over 224’ of wraparound frontage. It offers significant potential through a repositioning of the building and an activation of the rooftop space. It is uniquely positioned to benefit from Williamsburg’s 24/7 retail, hospitality, & F&B scene including The Hoxton, Arlo, William Vale, and The Wythe Hotels as well as Second City, Brooklyn Bowl, and more entertainment within a few blocks.
73 Kent Avenue is situated directly across the street from Marsha P. Johnson State Park & Bushwick Inlet Park. Notably, NYC will be demolishing the CitiStorage building across the street to make way for an expanded 27-acre Bushwick Inlet Park, allowing the Property to benefit from permanent park and waterfront views of the Manhattan skyline.
Reach out to the exclusive brokers for more information or to arrange for property inspection.
Property Facts
| Price | $22,500,000 | Building Class | C |
| Price Per SF | $882 | Lot Size | 0.30 AC |
| Sale Type | Investment | Rentable Building Area | 25,520 SF |
| Sale Conditions | Redevelopment Project | No. Stories | 2 |
| Property Type | Industrial | Year Built/Renovated | 1960/2024 |
| Property Subtype | Warehouse | Tenancy | Single |
| Price | $22,500,000 |
| Price Per SF | $882 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.30 AC |
| Rentable Building Area | 25,520 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2024 |
| Tenancy | Single |
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Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 02302-0001 | Improvements Assessment | $876,600 |
| Land Assessment | $258,300 | Total Assessment | $1,134,900 |
PROPERTY TAXES
Parcel Number
02302-0001
Land Assessment
$258,300
Improvements Assessment
$876,600
Total Assessment
$1,134,900
zoning
| Zoning Code | M1-2 |
| M1-2 |
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Williamsburg Redevelopment Opportunity | 73 Kent Ave
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