For Sale Contact for pricing
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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Reach out to the broker for more info on lease terms and amenities

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

Contacts

Michael Hernandez

TerraCRG

Location

Getting Around

Walk Score ®
98/100 Walker's Paradise
Transit Score ®
100/100 Rider's Paradise
Bike Score ®
95/100 Biker's Paradise

City Brooklyn, NY
Neighborhood Williamsburg
Zip Code 11211
Market Brooklyn

Points of Interest

Marcy Avenue

0.19 miles
Hewes Street

0.39 miles
Lorimer Street

0.46 miles
Bedford Av Subway Station L line

0.47 miles
Grand Street

0.91 miles
Flushing Avenue

1.16 miles
New Bell Car Service

1.17 miles
Greenpoint Avenue

1.41 miles
Bedford–Nostrand Avenues

1.51 miles
Classon Avenue

1.55 miles

ChargePoint

0.57 miles
BP

0.61 miles
Tesla Supercharger

0.74 miles
Citgo

0.79 miles
Revel

0.93 miles
Sunoco

0.94 miles
Bolla

0.97 miles
Spirit

1.04 miles
Emporium

1.11 miles
Blink

1.81 miles

NYPD Brooklyn Tow Pound

1.33 miles
Park Kwik

1.57 miles
MPG

1.64 miles
Delancey & Essex Municipal Garage

1.68 miles
Edison Park Fast

1.68 miles
Village View Parking Area 3

1.70 miles
Village View Parking Area 2

1.75 miles
Village View Parking Area 1

1.79 miles
MTA NYCT Emergency Response Unit

1.80 miles
Skyport

1.86 miles

The Pod

0.28 miles
Hotel Indigo

0.33 miles
42 Hotel

0.43 miles
Hotel Le Jolie

0.53 miles
Hoxton

0.67 miles
McCarren Hotel & Pool

0.69 miles
Arlo Williamsburg

0.72 miles
Wythe Hotel

0.74 miles
The William Vale

0.78 miles
Condor Hotel

0.95 miles

Blue Collar

0.03 miles
L’industrie pizzeria

0.03 miles
Kabob Shack

0.03 miles
Northerly Coffee

0.04 miles
Cerveceria Havemeyer

0.06 miles
Traif

0.06 miles
Cafe el Puente

0.06 miles
Have A Bagel

0.08 miles
Bozu

0.12 miles
M Shanghai

0.12 miles

Junior High School 50

0.11 miles
Guidepost Montessori School at Williamsburg

0.18 miles
Public School 19

0.19 miles
Public School 319

0.24 miles
c'e Montessori

0.26 miles
C'E Montessori Brooklyn

0.28 miles
Middle School 577

0.28 miles
Public School 17

0.28 miles
Beth Jacob Seminary

0.30 miles
Mesivta Nachlas Yacov A Yerim

0.33 miles

Williamsburg Northside Preschool

0.35 miles
Nuestros Niños Child Development Center

0.37 miles
ABC Child Center

1.01 miles
Our Children The Leaders of Tomorrow

1.17 miles
Oasis Downtown Day Camp

1.18 miles
Simcha Tots

1.19 miles
Tender Tots

1.20 miles
Carousel Children's Center

1.39 miles
Open Your Wings

1.40 miles
Little Lola & Tots

1.41 miles

Frequently Asked Questions

How much does 168 Havemeyer St cost?

The sale price for 168 Havemeyer St is available upon request. Contact the listing broker for more information.

What is the total square footage of 168 Havemeyer St?

168 Havemeyer St totals 10,549 square feet.

When was this property built?

168 Havemeyer St was built in 1950.

Looking for more in-depth information on this property?

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