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481 Wythe Ave

Williamsburg, New York, NY

About 481 Wythe Ave

481 Wythe Ave. is located in the Williamsburg borough of Brooklyn, New York. Nestled between 10th and 11th St., this building offers a view of the Williamsburg Bridge crossing of Wallabout Bay.

Built in 1915, this industrial warehouse has three stories. One drive-in space is featured with parking also available street side. A bike path runs along the building for those wishing to bike to the establishment. The structure is located in an area of rapid development that will be filled with housing and retail businesses in the near future.

High ceilings of 15-17 feet are offered in the building, allowing open space to meet varied commercial needs. 481 Wythe Ave. also has an installed sprinkler system and heavy power. New windows were also recently installed that provide light on three sides of the building, and the landlord of the property is willing to build to appropriately accommodate tenant needs.

The borough of Williamsburg is growing at a rapid pace, with new spaces catering to wealthy populations. The citizenry is ethnically diverse, as many cultures have settled in the area. Being a center of influence for indie rock and the hipster culture, Williamsburg also boasts a strong art community.

481 Wythe Ave. is within easy walking distance to the Marcy Ave. subway station, providing access to the BMT Jamaica Line. Williamsburg is served by two additional subway lines, the BMT Canarsie Line and IND Crosstown Line.

Internet Providers for 481 Wythe Ave

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
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 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
3,370
sqft

Median Rate over Time in Williamsburg