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188 Woodpoint Rd

Williamsburg, Brooklyn, NY
Floors
5
Total Size
10,600 sqft
Year Constructed
2011

About 188 Woodpoint Rd

Of new construction, this building was completed in the year 2011. The structure contains a total of approximately 10,600 square feet of rentable office space and residential space, which are spread across 5 stories above the ground. The property is set within Brooklyn, New York at 188 Woodpoint Road.

This high-end building is fully air conditioned to ensure tenants of every type are comfortable. Entry to the premises is extremely secure, thanks to a video intercom system, and once inside, there is both an elevator and a staircase for tenant and guest use.

On the ground level of 188 Woodpoint Road are several high-end office spaces, each of which boast seamless glass picture windows and separate entrances. Commercial tenants of this property have the option to take advantage of a 15-year tax abatement.

There are a total of eight residential units within the structure. Some of the common features include stainless steel appliances, ebony-stained wood floors and modern finishes. All tenants of the building have the option to purchase storage units, and there is even a back garden area.

Black and white tile surrounds the ground floor of 188 Woodpoint Road, while the supper stories feature red brick. While modern in design, the building features built-up brick details and thick stone windowsills reminiscent of yesteryear.

Internet Providers for 188 Woodpoint Rd

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

The Neighborhood: Williamsburg

The typical asking rate per listing is in the $40's per square foot per year. The Williamsburg region is going through a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 12% decline in rent.

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

Median Rate Median Size
Williamsburg $49
/sqft/yr
2,300
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,310
sqft

Median Rate over Time in Williamsburg