NEW YORK CITY—Thor Equities has inked a deal to acquire 180 Bedford Avenue in Williamsburg, a site with potential for further development. Industry sources say the selling price was $36 million.
Located a heavily-trafficked corner of Williamsburg at Bedford Avenue and North 7th Street, 180 Bedford is across from the Bedford Avenue L, the first stop from Manhattan and the only station to serve the surrounding area.
180 Bedford Avenue is a 3,600-square-foot site, with the potential to build a total of 14,400 square feet of rentable space on the ground floor, second level, basement and roof. The property boasts over 60 feet of frontage on Bedford Avenue and an additional 60 feet of frontage on North 7th Street.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
