Contacts

Chaya Milworn

Northgate Real Estate Group

Property Details

Property Type Mixed Use
Property Size 135,611 SF
Lot Size 0.52 Acre
Additional Rent Contact for pricing
# of Floors 5
Parking Spaces Avail. 160
Parking Ratio 1.18 / 1,000 SF
Property Tenancy Multi-Tenant
Building Class A
Year Built 2020
Date Updated Mar 4, 2024

UCC Foreclosure Sale:

Auction Date: Friday, March 8^th, 2024 at 1:30 PM

COLLATERAL SNAPSHOT

• 135,611 SF Class-A mixed-use, “The TRADER JOE’S Building”

• Comprising an entire city block | 626’ of total frontage

• Recently constructed | 83’ tall | multi-level retail, office, and parking garage

• Floor to ceiling windows, 3rd floor outdoor terrace, and sprawling roof deck with sweeping views of the Manhattan and Brooklyn skylines

• Potential to utilize upper floors for a high-end restaurant, social club, or nightlife/ event space with outdoor areas

• Retail space leased to Trader Joe’s through November 2034

• Proposed rezoning plan will allow for the 2nd floor parking to be used as a full floor community facility space

• Additional income from oversized billboard

SPACE BREAKDOWN (gross):

• 22,585 SF: Sub-Cellar (Trader Joe’s)

• 22,585 SF: Cellar (40 Parking) • 22,188 SF: Ground Floor Retail

• 22,585 SF: 2nd Floor (146 Parking) • 5,069 SF: 3rd Floor Retail

• 14,735 SF: 3rd Floor Outdoor Space • 12,932 SF: 4th Floor Office Space

• 12,932 SF: 5th Floor Office Space • 6,000 SF (approx.): Rooftop Terrace

AREA DETAILS:

• Rare opportunity to own a piece of Prime Williamsburg Waterfront which is in the midst of a $3 billion redevelopment. The Domino Sugar Refinery and other planned developments call for over 5,000 units and 800,000 square feet of waterfront parks, a beach, amphitheater, mini golf, boating cove, community and commercial space

• Short walk to North Williamsburg ferry terminal (1.6M annual riders)

• Close proximity to Bedford L train station which hosts 10M annual riders, the Brooklyn Queens Expressway / i278, and the Williamsburg Bridge

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

98/100
Walk Score ®
96/100
Transit Score ®
88/100
Bike Score ®

Powered by Walk Score ®

City Brooklyn, NY
Neighborhood Williamsburg
Zip Code 11249
Market Brooklyn

Points of Interest

Bedford Av Subway Station L line

0.38 miles
Marcy Avenue

0.75 miles
Lorimer Street

0.81 miles
Hewes Street

0.97 miles
Greenpoint Avenue

1.07 miles
Delancey Street

1.23 miles
Allen St & Houston St

1.31 miles
1 Avenue & Houston St

1.32 miles
Grand Street

1.33 miles
East Broadway (F)

1.37 miles

Tesla Supercharger

0.51 miles
ChargePoint

0.65 miles
Gulf

1.06 miles
Bolla

1.09 miles
BP

1.14 miles
Sonamax

1.23 miles
Citgo

1.25 miles
Spirit

1.26 miles
Blink

1.42 miles
Revel

1.51 miles

Village View Parking Area 3

1.16 miles
Edison Park Fast

1.20 miles
Village View Parking Area 2

1.21 miles
Delancey & Essex Municipal Garage

1.24 miles
Village View Parking Area 1

1.25 miles
Skyport

1.29 miles
MTA NYCT Emergency Response Unit

1.38 miles
NYPD Brooklyn Tow Pound

1.41 miles
Waterside Plaza Parking

1.45 miles
Park Kwik

1.49 miles

The Pod

0.36 miles
Hoxton

0.37 miles
Arlo Williamsburg

0.40 miles
Wythe Hotel

0.44 miles
The William Vale

0.51 miles
McCarren Hotel & Pool

0.52 miles
NYC Glamping

0.67 miles
Hotel Indigo

0.71 miles
Hotel Le Jolie

0.74 miles
42 Hotel

1.01 miles

Trader Joe's

0.02 miles
MUJI

0.17 miles
Ten Ichi Mart

0.20 miles
Bulletin

0.24 miles
Whole Foods Market

0.29 miles
Foodtown

0.33 miles
Jubilee Marketplace

0.41 miles
Midoriya

0.46 miles
City Acres Market

0.52 miles
C-Town

0.53 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.