409-413 Broadway
Brooklyn, New York
Building
Stats
- Property Type Retail - Street Retail, Multifamily - Mid-Rise
- Building size (SF) 30,675
- Price $11,250,000
Overview
Avison Young, as exclusive agent, is pleased to offer for sale 409 Broadway and 413 Broadway in the Williamsburg neighborhood
of Brooklyn (the “Property”). Built in 2011, the two residential buildings encompass 30,675 total gross square feet across 20 units, including two retail units. This well maintained elevator Property, situated on the north side of Broadway between Hooper Street and Hewes Street, has 52.5 feet of frontage on the strong retail corridor.
Highlights
Developed in 2011
Two-elevator building
Protected Tax Class 2B
In-unit washers and dryers, PTAC cooling and heating systems
High end finishes with stainless steel appliances, hardwood floors, and select balconies
13% in-place preferential rent discount to legal rent offering rental upside
14 years remaining on 421A Benefit
Adjacent to the J and M trains at Hewes Street Station
Newly executed retail lease
Team
James Nelson
Principal, Head of Tri-State Investment Sales
Avison Young - US - NY - New York
917 362 1485
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