COVER PHOTO
Pricing Metrics
1 Metrotech Center Floor 20, Brooklyn, NY, 11201
Jesse Kay
Licensed Real Estate Salesperson
T: (718) 475-4321 | M: (818) 317-0106
Jakub Nowak
Licensed Associate Real Estate Broker
T: (718) 475-4353 | M: (646) 345-7000
Matthew Rosenzweig
Licensed Associate Real Estate Broker
T: (718) 475-4366 | M: (917) 608-9152
108 King Street
Brooklyn, NY
11231
This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.
Pricing Metrics
OFFERING PRICE $1,100,000
Total Buildable Square Feet 4,125
Price/Buildable Square Feet $267
Lot Dimensions 25 ft x 100 ft
Total Lot Size (SF) 2,500
Zoning R5 (Infill)
FAR 1.65
Property Overview
1 Metrotech Center Floor 20, Brooklyn, NY, 11201
Nowak+Partners of Marcus & Millichap has
been retained on an exclusive basis to
arrange the sale of 108 King Street. The
offering provides investors and developers the
opportunity to purchase 4,125 buildable
square feet of vacant land in Red Hook,
Brooklyn. 108 King Street (Block: 546 Lot: 47)
is a 25 x 100 foot, R5 zoned vacant lot. The
property is located between Van Brunt Street
and Richards Street.
The development site is located in the heart of
Red Hook, directly across the street from the
King & Sullivan Street Townhouses, and steps
from Fairway Market, Brooklyn Crab & The
Liberty Warehouse.
The subject property offers investors and
developers the opportunity to purchase a
vacant lot in the rapidly developing Red Hook
section of Brooklyn.
PROPERTY HIGHLIGHTS
Prime Red Hook Residential Development Opportunity
R5 Zoned, 25 x 100 Foot Lot, 4,125 Buildable Square Feet (with R5 “infill” Zoning
– 1.65 FAR)
Adjacent to the King & Sullivan Street Townhouse Development (22 Luxury
Townhouses)
Central Red Hook Location I One block from the Van Brunt Street Retail Corridor
Strong Demand for New Construction Townhouses, Condominiums and
Apartments I Condominium & Townhouse Prices Reaching $1,000 PSF
Located within a Brooklyn Opportunity Zone
This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.
108 King
Street
Property Overview
Property Address 108 King St
City Brooklyn
State NY
Block / Lot 00546-0047
Lot Dimensions 25 ft x 100 ft
Total Lot Size (SF) 2,500
Zoning R5 (Infill)
FAR 1.65
Total Buildable SF 4,125
Annual Tax Bill $2,436
Tax Class 4
Jakub Nowak
Licensed Associate Real Estate Broker
T: (718) 475-4353 | M: (646) 345-7000
Jesse Kay
Licensed Real Estate Salesperson
T: (718) 475-4321 | M: (818) 317-0106
Matthew Rosenzweig
Licensed Associate Real Estate Broker
T: (718) 475-4366 | M: (917) 608-9152
1 Metrotech Center Floor 20, Brooklyn, NY, 11201
This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.
108 King
Street
Jakub Nowak
Licensed Associate Real Estate Broker
T: (718) 475-4353 | M: (646) 345-7000
Jesse Kay
Licensed Real Estate Salesperson
T: (718) 475-4321 | M: (818) 317-0106
Matthew Rosenzweig
Licensed Associate Real Estate Broker
T: (718) 475-4366 | M: (917) 608-9152
1 Metrotech Center Floor 20, Brooklyn, NY, 11201
This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.
108 King
Street
Jakub Nowak
Licensed Associate Real Estate Broker
T: (718) 475-4353 | M: (646) 345-7000
Jesse Kay
Licensed Real Estate Salesperson
T: (718) 475-4321 | M: (818) 317-0106
Matthew Rosenzweig
Licensed Associate Real Estate Broker
T: (718) 475-4366 | M: (917) 608-9152
1 Metrotech Center Floor 20, Brooklyn, NY, 11201
This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.
108 King
Street
Jakub Nowak
Licensed Associate Real Estate Broker
T: (718) 475-4353 | M: (646) 345-7000
Jesse Kay
Licensed Real Estate Salesperson
T: (718) 475-4321 | M: (818) 317-0106
Matthew Rosenzweig
Licensed Associate Real Estate Broker
T: (718) 475-4366 | M: (917) 608-9152
1 Metrotech Center Floor 20, Brooklyn, NY, 11201
This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.
108 King
Street
Jakub Nowak
Licensed Associate Real Estate Broker
T: (718) 475-4353 | M: (646) 345-7000
Jesse Kay
Licensed Real Estate Salesperson
T: (718) 475-4321 | M: (818) 317-0106
Matthew Rosenzweig
Licensed Associate Real Estate Broker
T: (718) 475-4366 | M: (917) 608-9152
1 Metrotech Center Floor 20, Brooklyn, NY, 11201
This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.
Jakub Nowak
Licensed Associate Real Estate Broker
T: (718) 475-4353 | M: (646) 345-7000
Jesse Kay
Licensed Real Estate Salesperson
T: (718) 475-4321 | M: (818) 317-0106
Matthew Rosenzweig
Licensed Associate Real Estate Broker
T: (718) 475-4366 | M: (917) 608-9152
108 King
Street
NEW DEVELOPMENTS IN RED HOOK
King & Sullivan Street
Townhouses
Sanba Partners is currently
selling 22 Luxury Townhouses
designed by AA Studio. Each of
the 22 homes will have 4-
bedrooms and 4-bathrooms and
they will feature private parking
and roof terraces. The project
was completed in the Fall of
2017 and almost all of the
Townhouses have sold.
Address Sale Date Sale Price SF Price/SF Building Dimensions
117A King Street 2/15/2018 $2,800,000 2,722 $1,029 16.83 ft x 52 ft
72 Sullivan Street 5/23/2018 $3,300,000 2,830 $1,166 17.52 ft x 52 ft
115 King Street 1/17/2018 $2,815,914 2,722 $1,035 16.82 ft x 52 ft
113 A King Street On Market $2,775,000 2,722 $1,019 16.82 ft x 52 ft
1 Metrotech Center Floor 20, Brooklyn, NY, 11201
This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.
108 King
Street
160 Imlay Street
Est4te Four is currently
converting a century old
warehouse at 160 Imlay Street
into 70 Luxury Condominiums.
The project is slated for
completion in 2019 and almost
all of the units are currently in
contract.
NEW DEVELOPMENTS IN RED HOOK
Jakub Nowak
Licensed Associate Real Estate Broker
T: (718) 475-4353 | M: (646) 345-7000
Jesse Kay
Licensed Real Estate Salesperson
T: (718) 475-4321 | M: (818) 317-0106
Matthew Rosenzweig
Licensed Associate Real Estate Broker
T: (718) 475-4366 | M: (917) 608-9152
Address Sale Date Sale Price SF Price/SF Unit Mix
160 Imlay Street #4A1 In Contract $2,858,000 2,858 $1,000 3 Bedrooms, 3.5 Baths
160 Imlay Street #3A2 In Contract $1,341,600 1,376 $975 2 Bedroom, 2 Baths
160 Imlay Street #3B5 In Contract $1,335,750 1,370 $975 1 Bedroom, 2 Baths
Rent Roll
1 Metrotech Center Floor 20, Brooklyn, NY, 11201
This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.
108 King
Street
DIRECTORY
Food + Drinks
1. Stumptown2. Defonte’s3. Red Hook Lobster Pound4. Kevin’s Restaurant5. Widow Jane Distillery6. Fort Defiance7. Baked8. Steve’s Authentic Key Lime Pie9. Brooklyn Crab10. The Good Fork11. Hometown Bar-B-Que12. Cacao Prieto13. Six Point14. Dunkin Donuts15. Pizza Moto16. McDonalds17. The Liberty Warehouse
Banking
1. Chase2. Santander
Groceries
1. Fairway Market2. C-Town
Shopping + Errands
1. Brooklyn Motor Inn2. Tesla3. metroPCS4. Pioneer Works5. Carvart6. Ikea
Attractions
1. Valentino Park2. Red Hook Recreational Center3. Coffey Park4. Water Front Museum
Schools1. PS 152. Pave Academy3. Basis Independent Brooklyn
Jakub Nowak
Licensed Associate Real Estate Broker
T: (718) 475-4353 | M: (646) 345-7000
Jesse Kay
Licensed Real Estate Salesperson
T: (718) 475-4321 | M: (818) 317-0106
Matthew Rosenzweig
Licensed Associate Real Estate Broker
T: (718) 475-4366 | M: (917) 608-9152
1 Metrotech Center Floor 20, Brooklyn, NY, 11201
Jakub Nowak
Licensed Associate Real Estate Broker
T: (718) 475-4353 | M: (646) 345-7000
Jesse Kay
Licensed Real Estate Salesperson
T: (718) 475-4321 | M: (818) 317-0106
Matthew Rosenzweig
Licensed Associate Real Estate Broker
T: (718) 475-4366 | M: (917) 608-9152
This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.
108 King
Street