COVER PHOTO

Pricing Metrics

1 Metrotech Center Floor 20, Brooklyn, NY, 11201

Jesse Kay

Licensed Real Estate Salesperson

T: (718) 475-4321 | M: (818) 317-0106

Jakub Nowak

Licensed Associate Real Estate Broker

T: (718) 475-4353 | M: (646) 345-7000

Matthew Rosenzweig

Licensed Associate Real Estate Broker

T: (718) 475-4366 | M: (917) 608-9152

108 King Street

Brooklyn, NY

11231

This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

Pricing Metrics

OFFERING PRICE $1,100,000

Total Buildable Square Feet 4,125

Price/Buildable Square Feet $267

Lot Dimensions 25 ft x 100 ft

Total Lot Size (SF) 2,500

Zoning R5 (Infill)

FAR 1.65

Property Overview

1 Metrotech Center Floor 20, Brooklyn, NY, 11201

Nowak+Partners of Marcus & Millichap has

been retained on an exclusive basis to

arrange the sale of 108 King Street. The

offering provides investors and developers the

opportunity to purchase 4,125 buildable

square feet of vacant land in Red Hook,

Brooklyn. 108 King Street (Block: 546 Lot: 47)

is a 25 x 100 foot, R5 zoned vacant lot. The

property is located between Van Brunt Street

and Richards Street.

The development site is located in the heart of

Red Hook, directly across the street from the

King & Sullivan Street Townhouses, and steps

from Fairway Market, Brooklyn Crab & The

Liberty Warehouse.

The subject property offers investors and

developers the opportunity to purchase a

vacant lot in the rapidly developing Red Hook

section of Brooklyn.

PROPERTY HIGHLIGHTS

Prime Red Hook Residential Development Opportunity

R5 Zoned, 25 x 100 Foot Lot, 4,125 Buildable Square Feet (with R5 “infill” Zoning

– 1.65 FAR)

Adjacent to the King & Sullivan Street Townhouse Development (22 Luxury

Townhouses)

Central Red Hook Location I One block from the Van Brunt Street Retail Corridor

Strong Demand for New Construction Townhouses, Condominiums and

Apartments I Condominium & Townhouse Prices Reaching $1,000 PSF

Located within a Brooklyn Opportunity Zone

This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

108 King

Street

Property Overview

Property Address 108 King St

City Brooklyn

State NY

Block / Lot 00546-0047

Lot Dimensions 25 ft x 100 ft

Total Lot Size (SF) 2,500

Zoning R5 (Infill)

FAR 1.65

Total Buildable SF 4,125

Annual Tax Bill $2,436

Tax Class 4

Jakub Nowak

Licensed Associate Real Estate Broker

T: (718) 475-4353 | M: (646) 345-7000

Jesse Kay

Licensed Real Estate Salesperson

T: (718) 475-4321 | M: (818) 317-0106

Matthew Rosenzweig

Licensed Associate Real Estate Broker

T: (718) 475-4366 | M: (917) 608-9152

1 Metrotech Center Floor 20, Brooklyn, NY, 11201

This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

108 King

Street

Jakub Nowak

Licensed Associate Real Estate Broker

T: (718) 475-4353 | M: (646) 345-7000

Jesse Kay

Licensed Real Estate Salesperson

T: (718) 475-4321 | M: (818) 317-0106

Matthew Rosenzweig

Licensed Associate Real Estate Broker

T: (718) 475-4366 | M: (917) 608-9152

1 Metrotech Center Floor 20, Brooklyn, NY, 11201

This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

108 King

Street

Jakub Nowak

Licensed Associate Real Estate Broker

T: (718) 475-4353 | M: (646) 345-7000

Jesse Kay

Licensed Real Estate Salesperson

T: (718) 475-4321 | M: (818) 317-0106

Matthew Rosenzweig

Licensed Associate Real Estate Broker

T: (718) 475-4366 | M: (917) 608-9152

1 Metrotech Center Floor 20, Brooklyn, NY, 11201

This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

108 King

Street

Jakub Nowak

Licensed Associate Real Estate Broker

T: (718) 475-4353 | M: (646) 345-7000

Jesse Kay

Licensed Real Estate Salesperson

T: (718) 475-4321 | M: (818) 317-0106

Matthew Rosenzweig

Licensed Associate Real Estate Broker

T: (718) 475-4366 | M: (917) 608-9152

1 Metrotech Center Floor 20, Brooklyn, NY, 11201

This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

108 King

Street

Jakub Nowak

Licensed Associate Real Estate Broker

T: (718) 475-4353 | M: (646) 345-7000

Jesse Kay

Licensed Real Estate Salesperson

T: (718) 475-4321 | M: (818) 317-0106

Matthew Rosenzweig

Licensed Associate Real Estate Broker

T: (718) 475-4366 | M: (917) 608-9152

1 Metrotech Center Floor 20, Brooklyn, NY, 11201

This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

Jakub Nowak

Licensed Associate Real Estate Broker

T: (718) 475-4353 | M: (646) 345-7000

Jesse Kay

Licensed Real Estate Salesperson

T: (718) 475-4321 | M: (818) 317-0106

Matthew Rosenzweig

Licensed Associate Real Estate Broker

T: (718) 475-4366 | M: (917) 608-9152

108 King

Street

NEW DEVELOPMENTS IN RED HOOK

King & Sullivan Street

Townhouses

Sanba Partners is currently

selling 22 Luxury Townhouses

designed by AA Studio. Each of

the 22 homes will have 4-

bedrooms and 4-bathrooms and

they will feature private parking

and roof terraces. The project

was completed in the Fall of

2017 and almost all of the

Townhouses have sold.

Address Sale Date Sale Price SF Price/SF Building Dimensions

117A King Street 2/15/2018 $2,800,000 2,722 $1,029 16.83 ft x 52 ft

72 Sullivan Street 5/23/2018 $3,300,000 2,830 $1,166 17.52 ft x 52 ft

115 King Street 1/17/2018 $2,815,914 2,722 $1,035 16.82 ft x 52 ft

113 A King Street On Market $2,775,000 2,722 $1,019 16.82 ft x 52 ft

1 Metrotech Center Floor 20, Brooklyn, NY, 11201

This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

108 King

Street

160 Imlay Street

Est4te Four is currently

converting a century old

warehouse at 160 Imlay Street

into 70 Luxury Condominiums.

The project is slated for

completion in 2019 and almost

all of the units are currently in

contract.

NEW DEVELOPMENTS IN RED HOOK

Jakub Nowak

Licensed Associate Real Estate Broker

T: (718) 475-4353 | M: (646) 345-7000

Jesse Kay

Licensed Real Estate Salesperson

T: (718) 475-4321 | M: (818) 317-0106

Matthew Rosenzweig

Licensed Associate Real Estate Broker

T: (718) 475-4366 | M: (917) 608-9152

Address Sale Date Sale Price SF Price/SF Unit Mix

160 Imlay Street #4A1 In Contract $2,858,000 2,858 $1,000 3 Bedrooms, 3.5 Baths

160 Imlay Street #3A2 In Contract $1,341,600 1,376 $975 2 Bedroom, 2 Baths

160 Imlay Street #3B5 In Contract $1,335,750 1,370 $975 1 Bedroom, 2 Baths

Rent Roll

1 Metrotech Center Floor 20, Brooklyn, NY, 11201

This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

108 King

Street

DIRECTORY

Food + Drinks

1. Stumptown2. Defonte’s3. Red Hook Lobster Pound4. Kevin’s Restaurant5. Widow Jane Distillery6. Fort Defiance7. Baked8. Steve’s Authentic Key Lime Pie9. Brooklyn Crab10. The Good Fork11. Hometown Bar-B-Que12. Cacao Prieto13. Six Point14. Dunkin Donuts15. Pizza Moto16. McDonalds17. The Liberty Warehouse

Banking

1. Chase2. Santander

Groceries

1. Fairway Market2. C-Town

Shopping + Errands

1. Brooklyn Motor Inn2. Tesla3. metroPCS4. Pioneer Works5. Carvart6. Ikea

Attractions

1. Valentino Park2. Red Hook Recreational Center3. Coffey Park4. Water Front Museum

Schools1. PS 152. Pave Academy3. Basis Independent Brooklyn

Jakub Nowak

Licensed Associate Real Estate Broker

T: (718) 475-4353 | M: (646) 345-7000

Jesse Kay

Licensed Real Estate Salesperson

T: (718) 475-4321 | M: (818) 317-0106

Matthew Rosenzweig

Licensed Associate Real Estate Broker

T: (718) 475-4366 | M: (917) 608-9152

1 Metrotech Center Floor 20, Brooklyn, NY, 11201

Jakub Nowak

Licensed Associate Real Estate Broker

T: (718) 475-4353 | M: (646) 345-7000

Jesse Kay

Licensed Real Estate Salesperson

T: (718) 475-4321 | M: (818) 317-0106

Matthew Rosenzweig

Licensed Associate Real Estate Broker

T: (718) 475-4366 | M: (917) 608-9152

This inform ation has been secured from sources we believe to be reliable, but we m ake no representations or warranties, express or im plied, as to the accuracy of the inform ation. References to square footage or age are approxim ate. Buyer m ust verify the inform ation and bears all risk for any inaccuracies. Marcus & Millichap is a service m ark of Marcus & Millichap Real Estate Investm ent Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

108 King

Street