Mammoth Brooklyn Retail Condo Hits the Market
- Oct 03, 2017
Madison Marquette has selected HFF to market the sale of a 59,930-square-foot retail condominium located in Brooklyn’s Williamsburg neighborhood. The unit is one of the borough’s largest retail structures, as it encompasses two full city blocks in the Waterfront/Kent Avenue retail corridor.
The property is located at 22 N. 6th St., within The Edge, a two-tower master-planned development comprising 1,450 residential units. The retail condominium boasts an underground parking garage with 491 parking spaces, premium frontage along Kent Avenue and North 6th Street, nearly 1.8 acres of open space and a public esplanade. The condominium is 81 percent occupied by tenants such as CVS Pharmacy and Brooklyn Harvest Market.
Located on the East River waterfront in a highly transited area, the residential unit connects to the Brooklyn Flea Food Market. Neighborhood amenities include restaurants, health and wellness centers, medical centers, retailers, banks, hotels, clubs and bars and even a water taxi pier.
HFF investment sales team Managing Director Rob Rizzi, Senior Managing Director Andrew Scandalios, Managing Director Graham Stephens and Directors Chris Masi and Steven Rutman represented the owner in the offering.
Image courtesy of HFF