95 Jefferson St

5,000 SF 27% Leased Industrial Building Brooklyn, NY 11206 $5,900,000 ($1,180/SF) 12.20% Cap Rate

EXECUTIVE SUMMARY

Very rare and hot restaurant location in Williamsburg and Bushwich for sale, it is next and close to M, J, Z train Myrtle Ave Station and walking distance to Broadway, Bushwich Ave, Myrtle Ave, Flushing Ave core commercial districts, it is close to Williamsburg Bridge and freeway 278 and about 10 minutes travel distance to Manhattan Downtown, the lot size is 106 feet by 109 feet, corner location, the building has high ceiling, the current building has about 5000 square feet in door space and 20 parking spaces, it has extra air right of about 15000 sq to build. It is suitable to use as a restaurant and it can be used for other commercial use or light industrial use or community service. The building has excellent investment return with huge up-trend potential, or it can be owner occupied to operate a business. Seller is motivated and co-broker is welcome.

PROPERTY FACTS

Price $5,900,000
Price Per SF $1,180
Sale Type Investment or Owner User
Cap Rate 12.20%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Dealership
  • General Retail Restaurant
  • General Retail Storefront
Building Class C
Lot Size 0.19 AC
Rentable Building Area 5,000 SF
No. Stories 2
Year Built 1931
Parking Ratio 4/1,000 SF
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2

AMENITIES

  • Cooler
  • Courtyard
  • Fenced Lot
  • Fitness Center
  • Freezer (Space)
  • Restaurant
  • Skylights
  • Yard
  • Fluorescent Lighting
  • Air Conditioning
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (84)

PROPERTY TAXES

ZONING

Zoning Code M1-1
  • Listing ID: 30626277

  • Date on Market: 1/10/2024

  • Last Updated:

  • Address: 95 Jefferson St, Brooklyn, NY 11206