66 N 6th St 14,955 SF 100% Leased Retail Building Brooklyn, NY 11249 For Sale

66 N 6th Street is a 14,955 SF value-add retail property on N 6th Street. The Property is currently leased to the Music Hall of Williamsburg through 12/31/2031, but has a landlord termination right anytime after 1/1/2024. As a result, 66 N 6th Street offers an investor a cash-flowing retail opportunity with significant upside and flexibility in one of the hottest submarkets in New York City. 66 N 6th Street is on a 5,000 SF Lot with 15,000 ZFA as-of-right (3.0 FAR), offering a buyer the opportunity to renovate the existing structure or develop a retail / mixed-use building from the ground up.
Located on N 6th Street in between Kent Avenue and Wythe Avenue, the Property is just three blocks west from the Bedford Avenue L Train Station in Williamsburg. This location is not only in the center of one of the hottest residential submarkets in New York City, but is also on the most desired luxury retail corridors in all of the boroughs. The Property’s premier location allows for easy and seamless access to Manhattan, while also being situated in one of the best live-play-work neighborhoods.
66 N 6th Street is positioned perfectly in heart of North Williamsburg’s most energetic retail corridor. With 50’ feet of frontage along N 6th Street, the Property offers an investor a variety of ways to unlock its potential. N 6th Street emerged as one the most heavily trafficked and popular retail corridors in all of New York City. National and global retailers include Hermès, Chanel, Glossier, Nike, Le Labo, Lululemon, and Google as well as many other of the world’s prominent retailers. Additionally, the Property is directly adjacent to Patagonia and Birkenstock as well as directly across the street from 133 Kent Avenue, a corner mixed-use development site to be delivered later this year. 133 Kent Avenue, which encompasses the entire north corner of N 6th Street and Kent Avenue, will be comprised of 43 luxury residential condo units and 8 retail units.