An Exceptional Mixed-Use Opportunity in the Heart of Williamsburg
This thoughtfully maintained mixed-use building offers a rare opportunity to own a versatile property suited for both end users and investors, with two residential homes above two established, neighborhood-loved commercial spaces, all set in one of Brooklyns most vibrant neighborhoods.
The building has been lovingly cared for over time, blending original character with practical updates that make each space comfortable and inviting. The residential units are especially generous in scale, with large eat-in kitchens, spacious box-style bedrooms, updated bathrooms, and open living areas with excellent storage throughout, all thoughtfully laid out for daily living.
The second-floor apartment is a bright and expansive 2-bedroom featuring two separate living areas and an incredible private roof deck, offering a true indoor-outdoor lifestyle that is hard to find in the neighborhood. Upstairs, the top-floor 3-bedroom is equally inviting, with well-proportioned rooms, an open layout, and flexibility for a variety of living arrangements. Together, these units present a unique opportunity for an end user to live comfortably in one or explore combining them into a single, substantial home, while also offering strong, appealing layouts for those looking to maintain them as high-quality rental units.
The commercial spaces are both well-established and contribute to the neighborhoods daily rhythm and appeal. One is home to a popular sandwich counter, fully built out with proper ventilation, an Ansul system, a walk-in refrigerator, and extensive equipment. The other is a well-loved neighborhood coffee shop with a generously sized layout, ample room for seating, and a dedicated basement for storage and operations.
This is a rare chance to acquire a turnkey property with strong existing use and long-term potential. Located just two blocks from the Lorimer L train, the property offers convenience along with the energy and charm that make Williamsburg so sought after.
Showings are by appointment only. Please reach out with any questions or for additional details.
Corner mixed use building for sale with commercial frontage on 2nd Avenue and 4 free market residential Units. Complete facade work was just finished in the end of 2025.
3 – 3 bedrooms and 1 – 2 bedroom, that can be converted into a 3 bedroom.
(apartments feature W/D in unit & dishwasher, steam heat, double exposure and solid light)
2 commercial spaces, with main fronting 2nd avenue. The 2nd Avenue corridor hosts high levels of foot traffic during all hours as the area hosts residential, nightlife and retail density. Repositioning of the space offers a big upside for new owner.
Good upside to rent roll as current rents are below market and leases coming due soon on 3 units in 2026. Offering a variety of options from just increasing rents as is to minor upgrades to add more to the rent roll providing asymmetric revenue to expenses.
Borough: Manhattan
Block: 447
Lot: 8
BBL: 1004470008
ZIP: 10003
Lot Area: 1,272 sf
Lot Frontage: 24.25′
Lot Depth: 53.08′
Number of Buildings: 1
Number of Floors: 5
Gross Floor Area: 6,440 sf (estimated)
Residential Units: 4
Total Units: 6
Land Use: Mixed Residential & Commercial Buildings
Welcome to 816 Avenue of the Americas
An income-producing mixed-use corner building in one of Manhattan’s most sought-after neighborhoods: NoMad (North of Madison Square Park). Sitting at the corner of 6th Avenue and West 28th Street, this four-story building delivers $33,400/month in current in-place income: a full-floor restaurant anchor on the 1st and 2nd floors, and a passive AT&T rooftop antenna lease at $5,400/month. The 3rd and 4th floors are currently vacant – a key opportunity for the next owner to act immediately. INCOME HIGHLIGHTS: 1st & 2nd Floor Restaurant: $28,000/month $336,000/year 3rd Floor: VACANT (formerly $5,000/mo) – ready for conversion 4th Floor: VACANT (formerly $5,000/mo) – ready for conversion AT&T Rooftop License: $5,400/month $64,800/year Current Total: $33,400/month $400,800/year VALUE-ADD OPPORTUNITY: The 3rd and 4th floors are prime candidates for conversion to market-rate 2-bedroom residential apartments. Proposed architectural layouts are available showing 2BR configurations with private baths, kitchens, and living areas. Estimated market rent: $5,500-$6,000/month per unit – lifting projected gross income to $533,000-$545,000/year. DEVELOPMENT UPSIDE: Zoned C6-4X with a max FAR of 10.0, the building currently utilizes only 4.75 FAR (4,690 SF). This leaves 5,190 SF of unused air rights available for vertical expansion, transfer to an adjacent lot, or future development – a rare and valuable asset in this location. Transportation: N/R/W subway at 28th Street and the B/D/F/M at 34th Street-Herald Square. Surrounded by luxury hotels, tech companies, world-class dining, and the Flower District. NoMad continues to command premium rents and sustained investor demand. Asking Price: $8,580,000 Cap Rate: 4.8
Shown by appointment only. Financials available upon request.