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106 Knickerbocker Ave

East Williamsburg, Brooklyn, NY
Floors
2
Total Size
6,000 sqft
Zoning
M1-1
Year Constructed
1931

About 106 Knickerbocker Ave

Built in 1931, the two-story building at 106 Knickerbocker Avenue in New York is ideal for bar and restaurant entrepreneurs and anyone hoping to rent office space together with a great retail opportunity in rapidly appreciating East Williamsburg. This 6,000 square feet corner property is available for rent and for sale.

Located in a highly desirable area with easy access to New York's subway lines and major roads, 106 Knickerbocker Avenue provides occupants with a whole building identity in up-and-coming East Williamsburg, where new luxury apartment and office buildings are springing up everywhere.

Boasting two street entrances, 14' ceiling heights, gas heating and fully sprinklered space, 106 Knickerbocker Avenue provides New York's investors with an excellent long-term opportunity. Each floor comprises of 3,000 square feet, all zoned for M1-1 usage.

The property is part of a larger development of brick-built 1930s industrial buildings that are gradually being transformed to cater for East Williamsburg's rising demand for restaurants, bars, nightclubs, shopping districts and office space.

Featuring a red brick facade, 106 Knickerbocker Avenue in New York forms the end building of a block of identical gabled buildings, all of which display attractive late Art Deco architecture.

Internet Providers for 106 Knickerbocker Ave

Provider Technology Max Download Speed Max Upload Speed
Cablevision/Optimum Cable
1 Gb/s
25 Mb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
25 Mb/s
25 Mb/s

The Sub Neighborhood: East Williamsburg

On average, listings lease in the $40's per square foot per year. The East Williamsburg region is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the New York City market, the East Williamsburg region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Median Rate Median Size
East Williamsburg $49
/sqft/yr
1,230
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,372
sqft

Median Rate over Time in East Williamsburg