Contacts
Michael Hernandez
TerraCRG
Property Details
- Property Type Office
- Property Size 10,549 SF
- Lot Size 3,045 SF
- Zoning R6, C1-3
- Additional Rent Contact for pricing
- # of Floors 4
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1950
- Date Updated Oct 23, 2024
TerraCRG has been retained to exclusively represent ownership in the sale of the medical building at 168 Havemeyer Street just off the corner of Havemeyer and South 3rd Street in Williamsburg, Brooklyn.
168 Havemeyer Street is an existing 10,549 SF, four-story medical office building on a 3,045 SF lot. With frontage on Havemeyer St and South 3rd Street, the building has medical related retail space on the two sides and medical office space on the upper floors.The property is fully leased with varying lease terms. Zoned R6, C1-3, the building has a 2.2 FAR for residential use, allowing the opportunity to convert the upper floors to residential use.
The property is located in a thriving area in Williamsburg Brooklyn and is ideal for an investor of medical facilities and/or for an investor looking for immediate cashflow with future conversion potential. The existing tenants have been operating in this location for over 15 years. The NOI is around $900,000 with 4% annual rent increases.
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Highlights
- 10,549 SF across four stories
- Dual frontage on Havemeyer Street and South 3rd Street
- Medical-related retail on the ground floors, medical office space on upper floors
- R6, C1-3 with a 2.2 FAR for residential use, providing conversion potential for the upper floors
- Well-maintained building with long-standing tenants
Getting around
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98/100
Walk Score ®
-
100/100
Transit Score ®
-
95/100
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Williamsburg
- Zip Code 11211
- Market Brooklyn
Points of Interest
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Marcy Avenue
0.19 miles
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Hewes Street
0.39 miles
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Lorimer Street
0.46 miles
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Bedford Av Subway Station L line
0.47 miles
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Grand Street
0.91 miles
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Flushing Avenue
1.16 miles
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New Bell Car Service
1.17 miles
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Greenpoint Avenue
1.41 miles
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Bedford–Nostrand Avenues
1.51 miles
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Classon Avenue
1.55 miles
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ChargePoint
0.57 miles
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BP
0.61 miles
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Tesla Supercharger
0.74 miles
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Citgo
0.79 miles
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Revel
0.93 miles
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Sunoco
0.94 miles
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Bolla
0.97 miles
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Spirit
1.04 miles
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Emporium
1.11 miles
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Blink
1.81 miles
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NYPD Brooklyn Tow Pound
1.33 miles
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Park Kwik
1.57 miles
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MPG
1.64 miles
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Delancey & Essex Municipal Garage
1.68 miles
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Edison Park Fast
1.68 miles
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Village View Parking Area 3
1.70 miles
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Village View Parking Area 2
1.75 miles
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Village View Parking Area 1
1.79 miles
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MTA NYCT Emergency Response Unit
1.80 miles
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Skyport
1.86 miles
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The Pod
0.28 miles
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Hotel Indigo
0.33 miles
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42 Hotel
0.43 miles
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Hotel Le Jolie
0.53 miles
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Hoxton
0.67 miles
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McCarren Hotel & Pool
0.69 miles
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Arlo Williamsburg
0.72 miles
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Wythe Hotel
0.74 miles
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The William Vale
0.78 miles
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Condor Hotel
0.95 miles
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C-Town
0.11 miles
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Mr. Pina
0.14 miles
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Jubilee Marketplace
0.26 miles
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Foodtown
0.29 miles
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Shop Fair
0.33 miles
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Southside Food Plaza
0.35 miles
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Whole Foods Market
0.35 miles
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Sunac Natural Foods
0.39 miles
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Kahan's Food Mart
0.42 miles
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Ten Ichi Mart
0.42 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Michael Hernandez
TerraCRG
