1 Maspeth Avenue

Williamsburg, Brooklyn, NY 11211

Sale $ 8,800,000 for 12,150 sq. ft. Brand New All Glass and Steel Commercial Development totaling 12,150 sq. ft. stands tall on the beautiful square of major intersections of three important throughways defining Williamsburg: Metropolitan Avenue, Bushwick Avenue and Humboldt Street. Just 3 minute walk from the L train Graham station. This modern building surrounded by new developments in a high median income area is income producing property and great investment. It can be fully rented or sub-divided. Frontage on Humboldt Street is 134 feet, Maspeth Avenue is 40 feet and Conselyea Street is 42 feet. 18.4 ft ceiling on a ground floor, 9.2 ft ceiling on the second floor and 9.2 ft. ceiling in the basement this property has many uses: Great Retail Space of Restaurant/caf with mezzanine; Studio spaces, Office space; Medical office or clinic; School or Kindergarten; Community space and many more uses just come and see this wonderful development. The 3,000 square feet roof with breath taking views adds to the building desirability. All floors are elevator accessible; this building has brand new HVAC and floor to ceiling glass windows and working bathroom. Low taxes and low maintenance makes this property a great investment with potential high returns. Half of the basement floor 1,600 sq. ft. rented for $ 44,400 per year.
Video available for viewing at www.maspeth1.com