Brooklyn Brewery Building On Sale for $50 Million

Image credit: Brooklyn Brewery

Brooklyn Brewery Building On Sale for $50 Million

Posted on April 21, 2015 by NYCBG

According to Crain’s, 61-71 Wythe Avenue in Williamsburg is officially listed for sale. The 35,000 square foot warehouse is home to Brooklyn Brewery and Brooklyn Bowl, and is expected to fetch in excess of $50 million.

Yoel Goldman, the owner of the warehouse, has stated that the leases for Brooklyn Brewery and Brooklyn Bowl will not be affected by the sale (which expire in 2025 and 2021, respectively).

While Goldman’s promise assures security for Brooklyn Brewery over the next ten years, the fate of the Williamsburg staple after 2025 remains in the hands of the future buyer. There has been chatter about Brooklyn Brewery looking for a new location, but no official comment has been made by the company.

Brooklyn Brewery was founded in 1987 by Steve Hindy and Tom Potter. In 1994, Garrett Oliver was hired as brewmaster to oversee the brewing program and work on turning a former matzo factory into the Williamsburg brewhouse we all know today. The new Brooklyn Brewery brewhouse, tasting room and offices officially opened on May 28, 1996, when Mayor Rudy Giuliani cut the ribbon at the grand opening.


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