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- LoopNet Team
188 Woodpoint Rd
Brooklyn, NY 11211
Woodpoint Garden · Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- Prime Location, Three blocks away from Graham L subway
- Below market rent on a month to month lease, allowing for rent income increase
- Full height and finished cellar office space
- Three blocks away from Graham L subway Vibrant Williamsburg neighborhood, endless bars, restaurant, shops and parks
- Could deliver vacant for both units, good for both investors and those seeking self-use space
EXECUTIVE SUMMARY
Rising on the corner of Woodpoint Road and Skillman Avenue in Williamsburg, 188 Woodpoint is a true original. This 5-story elevator condo building was recently developed in year of 2011, consisting of 8 flawlessly crafted residences and 3 commercial units. Located three blocks from the Graham Avenue L subway stop, allowing for a quick 10-minute commute to Union Square. This vibrant Williamsburg enclave is ideally situated at the nexus of both the old and new world. Bustling Graham Avenue offers an endless array of restaurants (Mesa Coyocan, Humboldt & Jackson, Concord Hill), bars (Daddy’s, Richardson), and shops (Alter). Both Cooper Park and McCarren Park are just a short distance away. Unit 1A & CA is a ground floor corner office unit connected with a full height basement, Boasting 701 square feet on the ground level and an additional 848 square feet in the cellar, this property is currently occupied with a tenant paying a Covid negotiated rent on a month to month lease, allowing for an enticing opportunity for investors and those seeking a dynamic self-use space. Unit 1C is a 849-square-foot office with two separate entrance from outside. It was vacant for 6 months and the owner just refurnish the space. This condo has all new finishes throughout, from a marble countertop, large floor tiles to custom made cabinets.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | 530 - 980 |
| 3+2 | 1 | - | 1,400 |
