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Mixed-Use

51 Havemeyer Street

51 Havemeyer St, Brooklyn, NY 11211

Listing Price: $5,100,000

Cap Rate
4.50%
Number of Units
3
Price/Unit
$1,700,000
Price/Gross SF
$680.00
Gross SF
7,500

Investment Overview

Marcus & Millichap is pleased to offer 51 Havemeyer Street, a prime and potential Williambsurg Boutique Condo Development Site. This Vacant Brick Mixed Use asset is 25’ x 95’ on Ground Floor with Full Usable Basement, 25' x 45' on Upper 2 Floors and approx 3,500 SF Above Grade. 51 Havemeyer Street contains 7,500 BSF as of right (3.0 FAR, R6A/MX-8) with additional 2,250 Market Rate BSF Certificates
This property is a Perfect Live Plus Income Opportunity or Townhouse Redevelopment with Art Gallery on Ground Floor & Retain Air Rights (both excess as of right and the 2,250 BSF additional market rates certs purchase and secured by seller).

Investment Highlights

  • 51 Havemeyer Street, built in 1910, is a vacant brick mixed-use asset, situated on a 25' x 100' lot.
  • Tax Class: 1 | Zoning: M1-2/R6A | Fully Leasable "Covered Land Play" Vacant Building
  • Excellent public transportation—including the L, G, J, M, and Z subway lines, NYC Ferry service, and multiple bus routes.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Michael Salvatico

    Licensed Associate Real Estate Broker

    (718) 475-4358

    Email Michael

    License(s): NY: 10301216098

    New York City

Financing By

Mixed-Use

51 Havemeyer Street

Listing Price: $5,100,000

Cap Rate
4.50%
Number of Units
3
Price/Unit
$1,700,000
Price/Gross SF
$680.00
Gross SF
7,500

Investment Highlights

  • 51 Havemeyer Street, built in 1910, is a vacant brick mixed-use asset, situated on a 25' x 100' lot.
  • Tax Class: 1 | Zoning: M1-2/R6A | Fully Leasable "Covered Land Play" Vacant Building
  • Excellent public transportation—including the L, G, J, M, and Z subway lines, NYC Ferry service, and multiple bus routes.

Investment Overview

Marcus & Millichap is pleased to offer 51 Havemeyer Street, a prime and potential Williambsurg Boutique Condo Development Site. This Vacant Brick Mixed Use asset is 25’ x 95’ on Ground Floor with Full Usable Basement, 25' x 45' on Upper 2 Floors and approx 3,500 SF Above Grade. 51 Havemeyer Street contains 7,500 BSF as of right (3.0 FAR, R6A/MX-8) with additional 2,250 Market Rate BSF Certificates This property is a Perfect Live Plus Income Opportunity or Townhouse Redevelopment with Art Gallery on Ground Floor & Retain Air Rights (both excess as of right and the 2,250 BSF additional market rates certs purchase and secured by seller).

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Michael Salvatico

    Licensed Associate Real Estate Broker

    (718) 475-4358

    Email Michael

    License(s): NY: 10301216098

    New York City

Financing By

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