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55 Kent Ave

Williamsburg, Brooklyn, NY

About 55 Kent Ave

Situated on a very busy stretch of Williamsburg Waterfront, the newly renovated property at 55 Kent Avenue offers New York's entrepreneurs an amazing retail opportunity. Professionals hoping to rent office space with a selling floor may also be interested in viewing this property.

Located within one block of Wythe Hotel and several other hotel developments, 55 Kent Avenue is also close to attractions like Brooklyn Bowl and Output Nightclub. Nearby weekend fairs, like Brooklyn Flea and Smorgasburg, attract a huge number of visitors to the neighborhood, providing heavy foot and vehicular traffic for New York's retailers.

55 Kent Avenue provides commuters with easy access to New York's Bedford Avenue L-train. The former industrial building boasts 20' ceilings, perfect for a dramatic restaurant space, and can be combined with 57-59 Kent Avenue to create 7,300 square feet of contiguous space. The adjacent unit would make for a great flagship store in Williamsburg!

The property boasts a mezzanine with office and would be ideal for creative retail, office-based professionals or for flex use.

55 Kent Avenue in New York features a newly renovated buff brick facade with an amazing storefront of up to 100'.

Internet Providers for 55 Kent Ave

Provider Technology Max Download Speed Max Upload Speed
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
25 Mb/s
25 Mb/s
Verizon New York DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Williamsburg

On average, listings lease in the $40's per square foot per year. The Williamsburg region is seeing 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 depreciated submarket.

Median Rate Median Size
Williamsburg $49
/sqft/yr
2,300
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,372
sqft

Median Rate over Time in Williamsburg