For Lease
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Property summary
This exceptional 3-unit apartment building at 110 Kent Avenue in Brooklyn, New York, presents a unique investment opportunity. Located in the heart of the North Williamsburg Waterfront, this property boasts a prime location surrounded by high-end retail and residential developments. The building, constructed in 1925, offers 13,800 square feet on a 13,800 square foot lot, and features three stories. Its classic Brooklyn facade seamlessly blends with the modern architecture of the area, offering a unique architectural gem within the vibrant Marsha P. Johnson Park. The building's interior is bathed in natural light, offering panoramic views of the park and the surrounding neighborhood. The property is zoned M3-1, presenting significant redevelopment potential, particularly given its exceptional location and the high demand for retail and residential space in this area. The asking price is $40,000,000, translating to $2,899 per square foot. This presents a rare chance to acquire a landmark property with substantial upside in one of Brooklyn's most desirable neighborhoods. The property's unique architectural character and prime location make it an ideal candidate for a high-return investment.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising Event Planning
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(Bike/Boat/Book/etc) Store Corporate Office
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Marketing & Advertising Advertising Agency
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Marketing & Advertising
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Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
M3-1 · Brooklyn, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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