Marcus & Millichap - Tri Borough Multi-Family

152 & 156 Manhattan Avenue

152 & 156 Manhattan Avenue
, Brooklyn

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Price: $3,950,000
Building Size: 18,225 Square Feet
Property Type: Commercial
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206

152 Manhattan Avenue, located on the corner of Meserole Street, in the East Williamsburg section of Brooklyn, is a two-story building currently leased to the United Community of Williamsburg Day Care. The school occupies the entire building using the fully built out cellar space for offices, kitchen, storage and meeting rooms. The second and third floors are used for classroom space and the roof is used as an open air play area. The building is built 50 feet by 85 feet on a 50 foot by 100 foot lot with approximately 12,750 rentable square feet. The property is zoned C2-6/R6. (Block: 3043 Lot: 1) This Property can be delivered vacant.

156 Manhattan Avenue, located between Meserole Street and Scholes Street, in the East Williamsburg section of Brooklyn, is a vacant lot measuring 25 feet by 100 feet. The property is zoned C2-6/R6 which will yield approximately 6,075 buildable square feet (Block: 3043 Lot: 3) Together both lots yield approximately 18,225 square feet. These properties offer investors the rare opportunity to purchase a corner single tenant school building with strong current cash flow along with a vacant lot that, when combined, equal a substantial development site in the East Williamsburg section of Brooklyn, New York.