73 Kent Avenue
Vacant 25,520 SF two-story factory building at the northeast corner of Kent Avenue and North 9th Street in North Williamsburg, offered at $18,000,000 ($705/GSF) at an 8.15% cap ($1,466,824 NOI). The M1-2 zoned property delivers vacant and supports flexible adaptive reuse for office, retail, light manufacturing, or showroom tenants. Projected annual rent of $1,912,086 assumes a ground-floor retail space at $100/SF and second-floor office/retail at $55/SF, with an effective gross income of $1,854,723 after a 3% vacancy factor.
The 12,760 SF irregularly shaped lot spans 124 feet on Kent Avenue and 100 feet on North 9th Street, fronting City-owned Bushwick Inlet Park, which ensures permanent unobstructed views and exceptional air and light. Built in 1960, the two-story structure sits in the heart of North Williamsburg's creative and commercial renaissance, surrounded by galleries, music venues, and dining destinations including Brooklyn Steel, Music Hall of Williamsburg, Peter Luger Steak House, and Lilia. The location offers direct subway access via the L line (Bedford Avenue station) and G line (Nassau Avenue station), plus the East River Ferry at the North Williamsburg landing, with Citi Bike and multiple bus routes adding last-mile connectivity.
- M1-2 zoning permits broad range of as-of-right uses including office, retail, light manufacturing, and showroom
- Vacant delivery eliminates tenant buyouts and enables immediate redevelopment
- Prime corner location with 124 feet Kent Avenue and 100 feet North 9th Street frontage
- Permanent unobstructed city views fronting Bushwick Inlet Park
- Excellent transit access via L and G subway lines and East River Ferry
- $200/SF tenant improvement budget supports value-add repositioning
More property details
Features & amenities
Location
Situated in North Williamsburg on the northeast corner of Kent Avenue and North 9th Street. The property is strategically located in Williamsburg's vibrant Northside neighborhood, surrounded by a dynamic mix of retail, dining, and entertainment venues with easy access to public transportation and key city arteries.
- Corner location with 124 feet frontage on Kent Avenue and 100 feet on North 9th Street;
- adjacent to Bushwick Inlet Park;
- proximity to thriving commercial and creative hubs;
- excellent transit accessibility via L and G subway lines and East River Ferry.
Additional details
Corner commercial property totaling 25,520 square feet of a vacant two-story factory building. Irregularly shaped lot totaling 12,760 square feet with expansive frontage of 124 feet on Kent Avenue and 100 feet on North 9th Street.
- L Line - Bedford Avenue station
- G Line - Nassau Avenue station
- East River Ferry - North Williamsburg landing
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