Vacant-User
Williamsburg Retail Condo - Brand-New Construction
28 Herbert St, Brooklyn, NY 11222
Listing Price: $5,200,000
Investment Overview
The subject offering is a 4,354 square foot retail condo located at the base of 28 Herbert,
Williamsburg’s first carbon-neutral Passive House certified building. This new construction luxury condo building features 22 residential units and a full parking garage. The property is located on the corner of Herbert Street and Humboldt Street in Williamsburg, with incredible visibility from the BQE.
The retail unit has zero restrictions on use. It consists of 4,354 square feet of on-grade retail space, plus 483 square feet of lower-level community facility space and 336 SF of lower-level storage space (total rentable square footage of 5,173 square feet). Ownership can subdivide the retail unit in two separate condos. The retail unit will bedelivered with a new 15-year ICAP Tax Abatement.
28 Herbert Street presents the opportunity for a user to acquire approximately 4,400 SF of retail space in
one of Brooklyn’s most up and coming residential areas, and/or an investor looking to lease out the spaces and cash flow a fully-stabilized minimal management retail asset.
Williamsburg Retail Condo - Brand-New Construction
Investment Highlights
- 4,354 SF Brand-New Construction Retail Condo in Williamsburg. Property Sits at the Base of 22-Unit Luxury Condo Building.
- Corner of Herbert Street and Humbodt Street With 133 Feet of Wrap Around Retail Frontage. The Site is Already Configured to Allow for Two Units at This Location.
- Unit Will be Delivered With Brand-New 15-Year ICAP Tax Abatement. Outstanding User Opportunity to Acquire Almost 4,400 SF of Retail Space in one of Brooklyn's Most up and Coming Residential Areas.
Exclusively Listed By
Listing Price: $5,200,000
Investment Highlights
- 4,354 SF Brand-New Construction Retail Condo in Williamsburg. Property Sits at the Base of 22-Unit Luxury Condo Building.
- Corner of Herbert Street and Humbodt Street With 133 Feet of Wrap Around Retail Frontage. The Site is Already Configured to Allow for Two Units at This Location.
- Unit Will be Delivered With Brand-New 15-Year ICAP Tax Abatement. Outstanding User Opportunity to Acquire Almost 4,400 SF of Retail Space in one of Brooklyn's Most up and Coming Residential Areas.
Investment Overview
The subject offering is a 4,354 square foot retail condo located at the base of 28 Herbert, Williamsburg’s first carbon-neutral Passive House certified building. This new construction luxury condo building features 22 residential units and a full parking garage. The property is located on the corner of Herbert Street and Humboldt Street in Williamsburg, with incredible visibility from the BQE. The retail unit has zero restrictions on use. It consists of 4,354 square feet of on-grade retail space, plus 483 square feet of lower-level community facility space and 336 SF of lower-level storage space (total rentable square footage of 5,173 square feet). Ownership can subdivide the retail unit in two separate condos. The retail unit will bedelivered with a new 15-year ICAP Tax Abatement. 28 Herbert Street presents the opportunity for a user to acquire approximately 4,400 SF of retail space in one of Brooklyn’s most up and coming residential areas, and/or an investor looking to lease out the spaces and cash flow a fully-stabilized minimal management retail asset.
Exclusively Listed By
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