136-144 N 8th St
Brooklyn, NY 11249 Williamsburg

• Unit Size: 20,192 SF
• Condo Use: Retail
• Price: Price Upon Request
• Sale Type: Investment

Sale Notes

Fully Occupied Retail Condo with Secure, Long-Term Cash Flow
The Property is 100% leased with a 7.0-year WALT, delivering immediate, stable income from 9 tenants across 20,192 SF of prime Brooklyn retail.

Near Term Mark-to-Market Opportunity 
Several tenants are substantially below market with lease expirations in 2027 and 2030, offering near term mark-to-market opportunity to re-lease at rents in-line with the current market.  

Irreplaceable Williamsburg Location with Robust Demographics 
The Property's triple frontage on North 7th, North 8th, and Berry Streets are at the epicenter of Williamsburg's luxury retail scene, with a total consumer spend of $2 billion within a 1 mile radius.

Exceptional Transportation Access to all of NYC
The Property is located one-half block from the Bedford Avenue  train for access to Union Square in Manhattan in under 10 minutes.

In-Place ICIP with 7 Years Remaining
Investors will benefit from abated taxes for an additional 7 years, keeping operating expenses minimal as leases turnover and revenue improves.