77 Stagg St
Brooklyn, NY 11206
Office Property For Sale

CPEX Real Estate has been exclusively retained to sell 77 Stagg Street, a two-story commercial building in Williamsburg, Brooklyn. The 80’ x 100’ lot is improved by a 15,200 SF building with 7,600 SF of academic office space on both the ground floor and lower level. There is 8,400 SF of additional air rights for a developer or investor who might want to realize the additional footage. The building features an additional 7,600 SF rooftop play area. The building is currently built out as a daycare facility and presents a great opportunity for educational tenant to occupy a turnkey space for the upcoming school year. The location also presents a prime opportunity for a investor or 1031 Buyer to convert to residential use or to a medical, non-profit or religious community facility office use. The property is located in Williamsburg, one of the fastest growing residential neighborhoods in the City, one that is even outpacing many Manhattan neighborhoods. The influx in luxury rental and condo buildings, as well as trendy retail and amenities, has attracted a new demographic of young professionals and their families to the area. The building is in close proximity to neighborhood attractions such as Huckleberry Bar, Brooklyn Cupcake, Barcade, L Train Vintage and Bushwick Country Club.