Unique Williamsburg Commercial Space | Flexible Use @ 354 Metropolitan Ave, Brooklyn NY
Listing
| Web ID: | 5733346 |
|---|---|
| Website: | https://www.nestseekers.com/5733346 |
| Cross street: | Havemeyer Street |
Property
| Type: | Commercial Lease |
|---|---|
| Rooms: | 1 |
| Bedrooms: | Studio |
| Bathrooms: | 2 |
Financials
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+
Location
Contact
