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242 Bedford Ave

Williamsburg, Brooklyn, NY
Total Size
100,000 sqft

About 242 Bedford Ave

A high-end retail property, this newly updated building contains approximately 100,000 square feet of rentable office space and commercial space. The structure is set at 242 Bedford Avenue in the Williamsburg neighborhood of Brooklyn, New York and rises 2 stories above the street.

High exposure is an understatement when it comes to this shopping center. As the largest retail establishment in Williamsburg, this property demands the attention of passersby. There are approximately 400 feet of frontage on North 4th Street, 100 feet of frontage on Berry Street and another 137 feet of frontage on Bedford Avenue.

Twenty-three foot ceilings throughout 242 Bedford Avenue give the retail units impressive overhead space. All of the floor plans are essentially column free to maximize the open, airy feel, and natural light is in abundance, thanks to the floor to ceiling glass.

Even the cellar parking area within this property is fully illuminated by sunlight. There are 30,000 square feet underground, and the cellar is highly visible and easy to access via the sidewalk. Throughout this level and the rest of the interior, customizations based tenant needs are available.

Steel, brick and glass come together to give the exterior of 242 Bedford Avenue an attractive contemporary look. The angular design and sleek lines add to this feel.

Internet Providers for 242 Bedford Ave

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 DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: Williamsburg

On average, listings lease in the $50's per square foot per year. The Williamsburg region is going through a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 14% increase in rent.

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

Median Rate Median Size
Williamsburg $55
Median Rate Median Size
New York City $65

Median Rate over Time in Williamsburg