Loft Apartment Building with Air
For Sale
Contact for pricing
Pending
151 Kent Avenue, Brooklyn, NY 11249
Mixed zoning and residential air rights may allow future expansion of rentable floor area.
Property Size56,550 SF
Days on Market43
Property Features for 151 Kent Avenue
General Information
Standard status
Pending
Size
56,550 SF
Property subtype
Special Purpose
Occupancy
100%
Additional Details
Public Transit
Yes
Multifamily Units
46
Building Details
Buildings
1
Stories
3
Construction
brick
Listing Agency:
JLL - New York City, New York
(212) 376-5449
Listed By:
Brendan Maddigan · License #NY 10301206472
Source:
Crexi
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 30 at 8:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - New York City, New York
Investment Insights
Based on property information with market context.
The three-story brick apartment building at 151 Kent Avenue contains 56,550 square feet plus 18,850 square feet of basement space. Its 46 residential units include 34 IMD loft units, and the property is fully leased at roughly 60% of market rent. Approximately 450 feet of retail frontage lines the ground floor, while the existing configuration includes additional residential development capacity.
The property carries 11,355 buildable square feet of residential air rights, with potential for up to 33,990 buildable square feet through Inclusionary Housing. Its mixed-zoning designation may also permit partial ground-floor retail conversion. The Williamsburg location is within a block of several waterfront parks and near the East River Ferry terminal and L train, with direct service to Manhattan. The proposed Brooklyn Queens Connector route is also identified along the property’s vicinity.
The property carries 11,355 buildable square feet of residential air rights, with potential for up to 33,990 buildable square feet through Inclusionary Housing. Its mixed-zoning designation may also permit partial ground-floor retail conversion. The Williamsburg location is within a block of several waterfront parks and near the East River Ferry terminal and L train, with direct service to Manhattan. The proposed Brooklyn Queens Connector route is also identified along the property’s vicinity.
Key Highlights
- 56,550‑square‑foot, three‑story brick apartment building with 18,850 square feet of basement space
- 46 residential units, including 34 IMD loft units
- Fully leased at roughly 60% of market rent
Property Analytics
Property Profile
Current Use
Lease Details
46
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
6,020
Businesses Nearby
Explore this area
Business Placement
Demographics for 11249, NY
42,024
Population
18,958
Households
2.2
Avg Household Size
31
Median Age
59%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
60,034
Density / Sq Mi
$121,400
Median Household Income
$81,638
Median Earnings
$2,982
Median Rent
$1,326,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Mixed zoning and residential air rights may allow future expansion of rentable floor area.
Where is this apartment building located?
The property is located at 151 Kent Avenue Brooklyn, NY.
What are key features of this property?
This property features: 56,550‑square‑foot, three‑story brick apartment building with 18,850 square feet of basement space; 46 residential units, including 34 IMD loft units; Fully leased at roughly 60% of market rent
