Closed 12/31/2018

2,585 SF Commercial Condo

68 Washington Avenue

Clinton Hill

Closed 12/31/2018 at
$1,050,000 | $406 per SF

2,585 Gross SF
1,824 Grade Level SF
761 Below Grade SF
200 Outdoor SF
Cross Streets Park Avenue & Flushing Avenue
Subways
a
c
g
Buses
B25, B26, B38, B45, B45, B48, B52, B54, B57, B61, B69
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Retail 68 Washington Avenue, Clinton Hill
Dan Marks
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Details

Block-Lot 1874-1101
Zoning M1-2
Frontage 20 ft.
Annual Taxes (17/18) $22,068

Overview

TerraCRG has been retained to exclusively represent ownership in the sale of the commercial condo unit at 68 Washington Ave. Unit #1C, located in the Clinton Hill/Brooklyn Navy Yard neighborhood of Brooklyn.

This is an ideal opportunity to purchase a commercial condo just steps away from The Brooklyn Navy Yard and the main entrance to Steiner Studios. The Brooklyn Navy Yard supports over 330 businesses with over $700 million in new development in the pipeline. Demand for both office and retail space in this neighborhood is very strong thanks to the influx of new residential and commercial developments.

The 2,585 SF commercial condo consists of ~1,824 SF at grade level, ~761 SF below grade and nearly 200 SF of rear outdoor space. The ground floor space measures ~20 ft. x ~90 ft. with ~14 ft. ceiling heights.

Clinton Hill is served by the A, C & G subway lines, with the closest stop at the Clinton-Washington Avenues station. Several New York City Transit bus routes provide service to the neighborhood, including the B25, B26, B38, B45, B48, B54, B52, B57, B61 and B69.

Attractions

Over the past few years, this area has gone through a tremendous transformation. On Washington Avenue alone, retailers such as Brooklyn Roasting Company and Grapeshot Wine & Spirits have opened up, joining other retailers such as Fresh Fanatic Organic Food Market & Cafe and Chase Bank.

The property is located in the historic Wallabout section of the neighborhood, previously called Wallabout Bay. To the south is Clinton Hill, one of Brooklyn’s most desired neighborhoods, anchored by Pratt Institute’s 25 acres which is just two blocks from the property.

Pratt Institute
Steiner Studios
Fort Greene Park
Atlantic Terminal

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