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Office Warehouse

213 Bond Street

213 Bond Street, Brooklyn, NY 11217

Listing Price: $2,000,000

Cap Rate
3.60%
Gross SF
4,500
Price/Gross SF
$444.44
Lot Size
0.03 acres
Year Built
2008
Rentable SF
4,500

Investment Overview

Marcus & Millichap has been retained to exclusively arrange the sale of 213 Bond Street, a four-story commercial building located between Baltic & Butler Street in the Boerum Hill neighborhood of Brooklyn, NY. The subject property is built full 20 ft x 75 ft on the first two floors, 20 ft x 55 ft on the third floor and 20 ft x 30 ft on the 4th floor. The building is located within the Gowanus rezoning but currently zoned M1-2 (Block: 405 Lot: 7). The property is configured with a ground floor commercial space and two residential apartments above. The 3rd and 4th floors are a duplex apartment. The building is currently leased on a NNN basis to 213 Bond Street Inc. The current tenant has a lease until September 31st 2024 and the monthly rent is $6,190. The property falls within the Gowanus Neighborhood Plan rezoning. The proposed rezoning would change the current zoning from M1-2 to M1-3/R6A, allowing for significant redevelopment opportunities. The building is also located in a Qualified Opportunity Zone. The subject property is located three blocks from the Bergen Street subway station, serviced by the F & G lines. 213 Bond Street offers owner-users and investors the opportunity to purchase a strategically located commercial building in the rapidly developing Boerum Hill neighborhood of Brooklyn.

Investment Highlights

  • 4,500 SF Single Tenant NNN Leased Commercial Building in Boerum Hill
  • M1-3/R6A Upzoning Under Gowanus Neighborhood Rezoning Plan
  • Located in a Qualified Opportunity Zone
  • Three Blocks from the Bergen Street "F" & "G" Train Station
  • 20 Feet of Frontage on Bond Street

Exclusively Listed By

Financing By

Office Warehouse

213 Bond Street

Listing Price: $2,000,000

Cap Rate
3.60%
Gross SF
4,500
Price/Gross SF
$444.44
Lot Size
0.03 acres
Year Built
2008
Rentable SF
4,500

Investment Highlights

  • 4,500 SF Single Tenant NNN Leased Commercial Building in Boerum Hill
  • M1-3/R6A Upzoning Under Gowanus Neighborhood Rezoning Plan
  • Located in a Qualified Opportunity Zone
  • Three Blocks from the Bergen Street "F" & "G" Train Station
  • 20 Feet of Frontage on Bond Street

Investment Overview

Marcus & Millichap has been retained to exclusively arrange the sale of 213 Bond Street, a four-story commercial building located between Baltic & Butler Street in the Boerum Hill neighborhood of Brooklyn, NY. The subject property is built full 20 ft x 75 ft on the first two floors, 20 ft x 55 ft on the third floor and 20 ft x 30 ft on the 4th floor. The building is located within the Gowanus rezoning but currently zoned M1-2 (Block: 405 Lot: 7). The property is configured with a ground floor commercial space and two residential apartments above. The 3rd and 4th floors are a duplex apartment. The building is currently leased on a NNN basis to 213 Bond Street Inc. The current tenant has a lease until September 31st 2024 and the monthly rent is $6,190. The property falls within the Gowanus Neighborhood Plan rezoning. The proposed rezoning would change the current zoning from M1-2 to M1-3/R6A, allowing for significant redevelopment opportunities. The building is also located in a Qualified Opportunity Zone. The subject property is located three blocks from the Bergen Street subway station, serviced by the F & G lines. 213 Bond Street offers owner-users and investors the opportunity to purchase a strategically located commercial building in the rapidly developing Boerum Hill neighborhood of Brooklyn.

Exclusively Listed By

Financing By

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