77 Stagg Street Brooklyn, NY 11206
WILLIAMSBURG OFFICE BUILDING FOR SALE
81 WILLOUGHBY STREET, 8TH FLOOR 718.935.1800 BROOKLYN, NY 11201 CPEXRE.COM 77 Stagg Street, Brooklyn, NY 11206
Asking Price: $6,100,000
Offering Summary Property Facts
CPEX Real Estate has been exclusively retained Location: Between Leonard and Lorimer Streets to sell 77 Stagg Street, a two-story commercial building in Williamsburg, Brooklyn. The 80’ x 100’ lot Block_Lot: 3023_32 is improved by a 15,200 SF building with 7,600 SF of Building Class: W9 academic office space on both the ground floor and lower level. There is 8,400 SF of additional air rights Building Dimensions: 80' x 95' for a developer or investor who might want to realize Building SF: 15,200 the additional footage. The building features an additional 7,600 SF rooftop play area. The building is 1st Floor SF: 7,600 currently built out as a daycare facility and presents Lower Level SF: 7,600 a great opportunity for educational tenant to occupy a turnkey space for the upcoming school year. The Additional Buildable: 8,400 location also presents a prime opportunity for a Lot Dimensions: 80' x 100' investor or 1031 Buyer to convert to residential use 8,000 or to a medical, non-profit or religious community Lot SF: facility office use. Zoning: R6B 2.0 The property is located in Williamsburg, one of the Residential FAR: fastest growing residential neighborhoods in the Community Facility 2.0 City, one that is even outpacing many Manhattan FAR: neighborhoods. The influx in luxury rental and condo Assessment (18/19): $944,030 buildings, as well as trendy retail and amenities, has attracted a new demographic of young professionals Taxes (18-19): $99,255 and their families to the area. The building is in Fire Safety: Fire Alarm in place; lower level fully sprinklered close proximity to neighborhood attractions such as Huckleberry Bar, Brooklyn Cupcake, Barcade, L Train Ceiling Height: 12.5 feet Vintage and Bushwick Country Club. HVAC: 35 Ton unit in place Roof: 7600SF Children's Playspace Demographic
0.5 Mile 1.0 Mile 2.0 Mile Transportation Radius Radius Radius Average The property is within walking distance to the L train at the Household $185,866.91 $175,215.95 $168,228.53 Montrose Avenue Station, G train at the Broadway Station & the Income J and M trains at the Hewes Street Station Population 22,412 69,677 294,876 The area is serviced by the B48, B60, Q54 and Q59 trains Two Citi Bike stations located within two blocks of the property Households 10,421 33,890 60,102 Easy access to the BQE
2 CPEX REAL ESTATE 77 Stagg Street, Brooklyn, NY 11206
Asking Price: $6,100,000
Subway Map
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Tax Map
CPEX REAL ESTATE 3 77 Stagg Street, Brooklyn, NY 11206
Asking Price: $6,100,000
Williamsburg Area Retail
77 Stagg Street is surrounded by some of the best restaurants, bars and boutiques that Williamsburg has to offer. The eclectic mix of trendy shops, impressive eateries and local bars offers something for everyone and every occasion. Some of the local standouts include:
Kellogg’s Diner Kellogg’s Diner: This 24-hour hot spot has been a neighborhood staple for over 35 Years. Known for its extensive menu and laid back vibe, Kellogg’s Diner has long been a favorite of both neighborhood families and late night bar hoppers.
Barcade: Williamsburg is home to the original Barcade which now has several locations throughout the country. The spacious bar combines good beer and arcade games to make the perfect hang out spot. Barcade
L Train Vintage L Train Vintage: This Brooklyn staple is a go to for vintage lovers. Their large selection and affordable prices make it the best place to find a good fashion on a budget in the neighborhood.
Union Pool: The former pool supply store turned trendy bar and event space attracts visitors from all over the city. People come to hang out in their large outdoor area complete with a Union Pool taco truck and enjoy the live music.
4 CPEX REAL ESTATE 77 Stagg Street, Brooklyn, NY 11206
Asking Price: $6,100,000
Retail Map
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Number Tenant Address Number Tenant Address 1 Barcade 388 Union Avenue 21 Sprint Store 705 Grand Street 2 The West Brooklyn 379 Union Avenue 22 McDonald's 741 Grand Street 3 Starbucks 405-409 Union Avenue 23 4th Down Sports Bar 750 Grand Street 4 Huckleberry Bar 588 Grand Street 24 T-Mobile 725 Grand Street 5 L Train Vintage 629 Grand Street 25 Chase Bank 726 Grand Street 6 Noorman's Kil 609 Grand Street 26 Union Pool 484 Union Avenue 7 Burnside 506 Grand Street 27 Alligator Lounge 600 Metropolitan Avenue 8 Café Argentino 499 Grand Street 28 Kellogg's Diner 518 Metropolitan Avenue 9 Mahji 617 Grand Street 29 Rocka Rolla 486 Metropolitan Avenue 10 The Big Whiskey 524 Grand Street 30 Metropolitan 559 Lorimer Street 11 Brooklyn Cupcake 335 Union Avenue 31 Fortunato Brothers 289 Manhattan Avenue 12 Don Pancho Villa 189 Borinquen Place 32 Sugarburg 519 Metropolitan Avenue 13 The Graham 151 Meserole Street 33 De Stefano's Steakhouse 89 Conselyea Street 14 Walgreens 210 Union Avenue 34 Black Flamingo 168 Borinquen Place 15 WillyB Crossfit 41 Meserole Street 35 Forcella 485 Lorimer Street 16 Brooklyn Ball Factory 95 Montrose Avenue 36 Le Barricou 533 Grand Street 17 Hello Bklyn 234 Union Avenue 37 OKONOMI//YUJI Ramen 150 Ainslie Street 18 Domino's Pizza 183 Graham Avenue 38 Sunac Natural Food 400 Union Avenue 19 Duckduck 161 Montrose Avenue 39 Zona Rosa 571 Lorimer Street 20 Associated Supermarkets 639 Grand Street
CPEX REAL ESTATE 5 77 Stagg Street, Brooklyn, NY 11206
Asking Price: $6,100,000
Development Map 12
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Number Address Number of Units Building Type Status 1 308 North 7th Street 45 Condo Completed 2 500 Metropolitan Avenue 189/58 Hotel/Rental Completed 3 172 Montrose Avenue 75 Rental In Construction 4 198 Johnson Avenue 117 Rental In Construction 6 555 Broadway 500 + Co-Living Planned 7 187 Cook Street 92 Hotel In Construction 8 200 Harrison Avenue 1,146 TBD Planned 9 21 Powers Street 14 Condo Completed 10 305 Union Avenue 19 Condo In Construction 11 33 Conselyea Street 5 Condo In Construction 12 722 Metropolitan Avenue 69 Condo In Construction 13 88 Withers Street 33 Condo Completed 14 535 Lorimer Street 10 Condo Completed 15 695 Grand Street 51 Rental Completed 16 774 Grand Street 64 Rental Completed 17 66 Ainslie Street 49 Rental Completed 18 371 Humboldt Street 80 Rental Completed 19 245 Manhattan Avenue 10 Condo Completed 20 764 Metropolitan Avenue 10 Condo Completed
6 CPEX REAL ESTATE 77 Stagg Street, Brooklyn, NY 11206
Asking Price: $6,100,000
Property Images
For Further Information, Please Contact Exclusive Sales Team: Rich Novak | 718.687.4217 | [email protected] Gina Damond | 718.687.4216 | [email protected]
All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. It is strongly urged that the prospective tenant carefully verify each item of size. RE Taxes, permitted legal use, and other information presented herein.
81 WILLOUGHBY STREET, 8TH FLOOR, BROOKLYN, NY 11201 P: 718.935.1800 CPEXRE.COM
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81 WILLOUGHBY STREET, 8TH FLOOR | BROOKLYN, NY 11201 718.935.1800 | WWW.CPEXRE.COM
8 CPEX REAL ESTATE