200 Kent Ave, Brooklyn, NY 11249

Property Details for 200 Kent Ave

Year built

2020

Property type

Retail properties & Spaces

Property subtype

Office Spaces

Description

This exceptional Class A mixed-use property, totaling 135,611 square feet, is situated on a full city block in prime Williamsburg, Brooklyn. The building, constructed in 2020, features five stories and boasts a prominent Trader Joe's as an anchor tenant, with a lease extending until November 2034. The property includes substantial retail space on the ground and third floors, ample office space on the fourth and fifth floors, and a multi-level parking garage. The building also offers unique amenities such as a large third-floor outdoor terrace and a sprawling rooftop terrace with stunning Manhattan and Brooklyn skyline views. The expansive 22,640 square foot lot provides significant frontage. The property's location offers unparalleled access to public transportation, including the Bedford L train station (10 million annual riders) and the North Williamsburg ferry terminal (1.6 million annual riders). Its proximity to the Brooklyn Queens Expressway and Williamsburg Bridge further enhances its accessibility. The area is undergoing a significant $3 billion redevelopment, including the Domino Sugar Refinery project, which will bring thousands of residential units and extensive waterfront parkland. The existing zoning (M3-1) allows for a variety of uses, and a proposed rezoning plan could further expand development opportunities, potentially allowing conversion of the second-floor parking into a community facility. Additional income streams are generated from an oversized billboard. This is a rare opportunity to acquire a trophy asset in one of Brooklyn's most dynamic neighborhoods.

Location Insight

City

Brooklyn

County

Kings

State

New York

Longitude

-73.9645

Latitude

40.7179