Retail Condominium within The Edge Development in Williamsburg Is for Sale

Monday, October 2, 2017

Holliday Fenoglio Fowler, L.P. (HFF) officially launches the sale of a 59,930-square-foot retail condominium that is part of The Edge master-planned development located in the prime waterfront area of Williamsburg, Brooklyn.

The HFF team is marketing the property exclusively on behalf of the seller, MPH-1 The Edge LP.

The Edge retail condominium is one of the largest Brooklyn retail assets in existence, encompassing two full city blocks at 64 North 6th Street and 164 Kent Avenue in the thriving Waterfront/Kent Avenue retail corridor. It is part of The Edge, a master-planned development that includes more than 1,450 residential units, and there are more than 3,200 residential units completed and another 700 under construction within a quarter mile radius of the property. The retail condominium is 81 percent leased to a strong roster of nine tenants, including CVS Pharmacy (S&P: BBB+) and Brooklyn Harvest Market.

The HFF investment sales team representing the seller includes managing director Rob Rizzi, senior managing director Andrew Scandalios, managing director Graham Stephens and directors Chris Masi and Steven Rutman.

Holliday Fenoglio Fowler, L.P., a New York licensed real estate broker.

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