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Key facts
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Property description
JLL has been retained on an exclusive basis to represent the sale of 75 N 7th Street, a four-story, boutique commercial building in Williamsburg, Brooklyn. The building is anchored by an A1 credit tenant based in New York.
Investment highlights
Premier Location:
Located at the epicenter of Williamsburg, Brooklyn’s premier live-work-play neighborhood, the Property is surrounded by cutting edge dining and centralized shopping along the North 7th Street retail corridor. The location is also steps from Bushwick Inlet Park, a waterfront haven filled with beaches, a dog run, sports fields, and world-class views of Manhattan.
Class-A Design:
75 N 7th tenants and clients alike will have the chance to experience what the property has to offer. Notable features include:
• Soaring 19’6” ceilings on the ground level, 14’ ceilings on the second and third floors
• Virtually column-free interior
• 75’ of frontage on North 7th Street
• 7,000 square feet of outdoor space with an expansive roof-deck and unparalleled views
Mark-to-Market Opportunity:
All leases signed between 2020/2021 pandemic environment. Positioned for strong rent growth potential upon rollover.
“10-Minute” Neighborhood:
Within 10 minutes, tenants can access the G and L trains, Whole Foods and Trader Joe’s, Michelin-starred restaurants, McCarren Park, various clubs and bars, and the Bedford Avenue retail corridor. Moreover, Williamsburg offers copious, eclectic restaurants/bars/retailers that are not associated with national chains.