New York & Tri-State + Outer + Retail | June 2, 2021

87 Wythe Avenue assemblage Williamsburg Brooklyn

B6 Lists Williamsburg Assemblage of Development Site, Cash-Flowing Retail

B6 Real Estate Advisors has been retained to sell 87 Wythe Avenue Assemblage, a mix of existing high-end retail and a prime development site in Williamsburg. It’s listed for $65 million.

Paul Massey, Bryan Kirk, Robert Moore, DJ Johnston and Christian Kane of B6 are marketing the assemblage, which is comprised of a 37,000-square-foot, cash-flowing Class-A retail building and a 53,000-buildable-square-foot commercial development site. The turn-key commercial building has a variety of high-end tenants in-place, including co-working space, health & wellness, and food & beverage concepts.

The assemblage represents an opportunity for an investor/developer to generate nearly $2.5 million in gross income, while planning and developing a new commercial space on one of Williamsburg’s most trafficked and sought-after corridors, says B6. It’s located across from three major hotels: The Hoxton, The Wythe and The William Vale,and mainstays such as Brooklyn Bowl & Brooklyn Brewery.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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