354 Metropolitan Ave
Brooklyn, NY 11211
EXCLUSIVE
Cross street:Havemeyer Street

Property

Type: Commercial Lease
Rooms: 1
Bedrooms: Studio
Bathrooms: 2

Financials

Rent:$18,500

Unique Williamsburg Commercial Space | Flexible Use @ 354 Metropolitan Ave, Brooklyn NY

Description

354 METROPOLITAN AVENUE

A SPACE WITH CHARACTER. IN A NEIGHBORHOOD WITH PLENTY OF ITS OWN.

INDUSTRIAL ROOTS · OPEN VOLUME · PRIVATE OUTDOOR SPACE · WILLIAMSBURG

354 Metropolitan Avenue offers a rare opportunity to establish a distinctive commercial presence in the heart of Williamsburg.

The approximately 1,300 SF interior is complemented by approximately 830 SF of private outdoor space, creating roughly 2,130 SF of indoor + outdoor area and an unusual degree of flexibility for a single-story commercial property.

Originally a welding shop and later adapted for restaurant/hospitality use, the building retains the authentic industrial character that makes the space memorable: exposed structural elements, dramatic open volume, existing hospitality infrastructure, two existing restrooms, and direct access to a substantial covered and gated outdoor area.

But the opportunity here extends well beyond the four walls.

Set along Metropolitan Avenue near the Bedford Avenue L and Metropolitan Avenue/Lorimer Street G + L stations, 354 sits within a Williamsburg community that functions throughout the day and well into the evening—coffee, fitness, work, services, shopping, dining, parks, live music, nightlife and the waterfront.

And the immediate market is considerably larger than a single ZIP code.

11211 + 11249 together account for more than 113,000 Williamsburg residents and 46,000 households, before considering Greenpoint just blocks to the north or the substantial audience drawn into Williamsburg every day by its restaurants, retail, hotels, cultural destinations, parks and transit.

The audience changes throughout the day—but it does not disappear.

For a business looking for something more distinctive than another conventional commercial box, 354 Metropolitan offers something increasingly difficult to replicate:

INDUSTRIAL CHARACTER. INDOOR + OUTDOOR FLEXIBILITY. AND A LOCATION IN THE MIDDLE OF WILLIAMSBURG.


THE SPACE — AT A GLANCE

PROPERTY · ECONOMICS · BUILDING · LOCATION

SPACE
Interior: ±1,300 SF
Private Outdoor: ±830 SF
Total Indoor + Outdoor: ±2,130 SF
Existing Restrooms: 2
Ceiling: Dramatic open volume; exact height to be verified
Property Dimensions: Approx. 18' × 94'
Building: One-story commercial building

ECONOMICS
Base Rent: $18,500 / month
Base Rent: $170.77 / SF
Property Taxes: $1,746.83 / month
Annual Property Taxes: $20,962
Property Taxes: $16.12 / SF
Total Monthly Price:$20,246.83
Total:$186.89 / SF
Utilities + Tenant Insurance: Additional
Lease: Direct
Term: 5+ years

PROPERTY IDENTIFICATION
Address: 354 Metropolitan Avenue, Brooklyn, NY 11211
Block / Lot:2368 / 22
BBL:3-2368-0022
Zoning:M1-2/R6A
Building Class: K1 — One Story Retail Building
Tax Class: 4
Year Built: 1950
Altered: 2006
Former Uses: Welding shop; restaurant/hospitality

TRANSIT + LOCATION
Bedford Avenue: L
Metropolitan Avenue / Lorimer Street: G + L
Additional J / M / Z access nearby
Near McCarren Park, Bedford Avenue and the Williamsburg waterfront

WILLIAMSBURG MARKET
11211 + 11249 Population:113,000+
11211 + 11249 Households:46,000+

11211
65,314 residents · $107,506 median household income
32.3 median age · 56.4% bachelor's degree+

11249
47,728 residents · $123,047 median household income
29.6 median age · 59.9% bachelor's degree+

Neighborhood

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.