27 Knickerbocker Ave. Brochure East Williamsburg

27 KNICKERBOCKER AVE. EAST WILLIAMSBURG - BROOKLYN, NEW YORK11237 Nested between Williamsburg and Bushwick, “East Williamsburg” combines life with a style that is remi- niscent of the Soho Days of late 70’s and early 80’s in Manhattan. Everything about the neighborhood is cool. You will find an eclectic mix of trendy stores, gastropubs, green markets, nightclubs, restaurants, live music lounge and more - all of which are intertwined on streets with iconic names such as Bogart Street, Morgan Avenue and Knickerbocker Avenue. When you live in East - Williamsburg / Bushwick, there is no need to lug in supplies like organic foods from Manhattan big box retailers. On the contrary you will find many green markets and food cooperatives with a surprising selection of organic and fresh produce.The neighborhood is very friendly and it is easy to meet people at the small food coop. The retailers which are a huge growing component of community building, representing a gentrified grassroots effort to build a vibrant, healthy, section of New York city.

27 KNICKERBOCKER AVE. EAST WILLIAMSBURG - BROOKLYN, NEW YORK11237 ROOFTOP VIEWS

27 KNICKERBOCKER AVE. EAST WILLIAMSBURG - BROOKLYN, NEW YORK11237 27 KNICKERBOCKER AVENUE YOUR BUSINESS HERE!

27 KNICKERBOCKER AVE. EAST WILLIAMSBURG - BROOKLYN, NEW YORK11237 OVERVIEW FLOORPLAN 27 KNICKERBOCKER AVE County: Kings TARGET OPPORTUNITY ZONE Address: 27 Knickerbocker Ave. Block: 2998 Lot: 3 Lot Frontage x depth 167’3’ x 141’8” Land Area: 16,300SF Building (Built 1931) Frontage x depth = 108’6’x141’8’ Building SF: 12,000 SF (Est.) Property Type: OF - Office Building / Warehouse Corner Building: SE Landmark: No Community Board: 1 Building Class: F-9 Factory and Industrial Buildings Zoning: M1-2 Commercial FAR: 2.0 Community Facility FAR: 4.8 Commercial Buildable BSF Total: 78,240 BSF Billable Assessed: FY 2020 $763,650 AV Property Tax: Estimated FY 2020 $80,290 Property Tax Current: ZERO (Tax Exempt IDA Pilot Program) Asking Price: $16,000,000 ALBERT SAFDIE Licensed Real Estate Salesperson BOND New York Real Estate Licensed Real Estate Broker 810 Seventh Avenue, 39th Floor New York, NY 10019 Phone: 917-650-0257 E-mail: [email protected] © 2020 BOND New York. All material presented herein is intended for information purposes only.While information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawals without notice. All property information, including but not limited to, square footage and number of bedrooms, is approximate. If your home is currently listed with another broker this is not intended to solicit that listing. Exact measurements should be verified by your own attorney, architect, engineer, or zoning expert. BOND New York is a broker that supports Equal Housing Opportunity. BONDNewYork.com

27 KNICKERBOCKER AVE. EAST WILLIAMSBURG - BROOKLYN, NEW YORK11237 COMPANIES WITH FLAGSHIP PRESENCE NEAR 27 KNICKERBOCKER AVENUE: A couple of blocks from 27 Knickerbocker Avenue, media tech giant Netflix joins score of creative startup companies, turning East Williamsburg / Bushwick into a media tech hub all seamlessly blending with the quaint feel of the neighborhood. EAST WILLIAMSBURG: DESIGNATED OPPORTUNITY ZONE The Perfect Candidate for Opportunity Fund Investment New York State participates in the new Opportunity Zone community development program. The program offers huge tax cuts and incentives to companies investing in the designated tracts such the East Williams- burg section of Brooklyn NY. The proximity and easy commute to Manhattan make East Williamsburg a prime candidate for Opportunity funds to develop commercial real estate projects. The federal program encourages private investments by providing financial incentives such as: • Tax Incentives to encourage those with capital gains to invest in low income and undercapitalized communities • Permanent exclusion of taxable income on new gains. For Investment held at least 10 years, investors pay no taxes on any capital gains produced through their investment in Opportunity Funds. The vehicle that invests in Opportunity Zone, are Opportunity Funds, which finances a broad variety of activities and projects. Funds can finance commercial and industrial real estate, housing, infrastructure and existing or start up businesses. For real estate projects to qualify for Opportunity Fund financiang, the investment must result in the properties being Substantially improved. 27 KNICKERBOCKER AT THE EPICENTRE OF EAST WILLIAMSBURG OPPORTUNITY ZONE: The Perfect Candidate for Opportunity Fund Investment Nearby 27 Knickerbocker Avenue is Normandy Real Estate Partners plans for 130,000 square foot Commercial Project at 333 Johnson Ave as part of the Opportunity Zone Program.

27 KNICKERBOCKER AVE. EAST WILLIAMSBURG - BROOKLYN, NEW YORK11237 STREET VIEW CORNER PROPERTY BOND NEW YORK EXCLUSIVELY REPRESENTS THE OWNER IN PROPERTY YARD THE SALE OF THIS INDUSTRIAL BUILDING / OFFICE SPACE IN EAST WILLIAMSBURG, BROOKLYN NEW YORK. THE SPACE IS PRIME FOR A MEDIA / TECH COMPANY FOR COMMERCIAL OFFICE USE. THE BUILDING IS LOCATED IN A DESIGNATED OPPORTUNITY ZONE WITH HUGE TAX INCENTIVES. IT IS A 12,000 SF FREESTANDING INDUSTRIAL BRICK BUILDING WITH OFFICES ON THE FLOOR LEVEL, BUILT IN 1931 WITH VERY HEAVY STEEL BEAMS AT THE ROOF, SITUATED ON A 16,300 SF LAND AREA. PREVIOUSLY USED TO MANUFACTURE FURNITURE, THE BUILDING IS NOW CONFIGURED FOR 5 SEPARATE RENTABLE SPACES WITH THEIR OWN ENTRANCE, 4 BATHROOMS, 3 LEGAL CURB CUTS, 5 ROLL UP GATES / OVERHEAD DOORS, FIRE SPRINKLERS THROUGHOUT ALL BRAND NEW, VIDEO SECURITY ON ENTIRE PREMISES, POWER 600 AMP+.

27 KNICKERBOCKER AVE. EAST WILLIAMSBURG - BROOKLYN, NEW YORK11237 27 KNICKERBOCKER AVENUE 27YOKUicRkeBrUbSoIcNkEeSrSAHvEeRnEu!e WHY 27 KNICKERBOCKER AVENUE Proximity of Silicon Alley in Manhattan on L Subway line, Opportunity Zone with Huge Tax Breaks “Tar- geted Area” near transit, part of “North Brooklyn Industry and Innovation Plan”. Increase job density in growing office sectors such as TAMI (Tech, Advertising, Media, Information) Participate in updating zoning in industrial areas – “M” districts – to better support the creation of modern workspace for today’s businesses. The goal is to increase job density in targeted areas like 27 Knickerbocker support- ing the growth of a dynamic mix of creative and tech driven office based and industrial businesses. AREA TRANSPORTATION Minutes subway ride to southern Manhattan Silicon Alley, East Williamsburg is Becoming a Media / Tech Hub.