325 Kent, the first residential building in the Domino Sugar Factory megaproject, is now 98% leased as of June 2024. New retail and office tenants are moving into the South Williamsburg site, including Levain Bakery announced this week.

The Domino Sugar Factory’s long-awaited transformation is finally gaining momentum on the Brooklyn waterfront. Two Trees Management confirmed to NYC Pulse that 325 Kent Avenue—the signature, donut-shaped rental—crossed 98% occupancy this month, with more ground-floor retail coming before Labor Day.

Levain Bakery officially signed its lease at 325 Kent this week, joining Brooklyn Kolache and the recently relocated Rough Trade record shop. The retail strip is filling up alongside a wave of new residents, many drawn by Domino Park’s riverfront green space and Williamsburg’s ever-expanding F and J/M train access. A spokesperson for Two Trees, Amanda Hannan, cited strong demand “from creatives and tech workers priced out of North Brooklyn.”

According to city filings, the Domino Sugar Factory master plan includes plans for 2,800 new apartments, 600,000 square feet of offices, and over six acres of public parkland along Kent Avenue. With the last affordable lottery at 325 Kent closing in May, brokers say rents for market-rate studios have topped $3,400 this week, rivaling prime Bedford Avenue stock. Recent listings from Corcoran show most two-bed units spoken for until late summer.

The next phases of the Domino redevelopment are also gaining ground this month, with the landmarked refinery building’s office conversion expected to debut new tenants by September. Local groups like El Puente are pushing for more community space, but for now, 325 Kent’s near-full house signals that the South Williamsburg megaproject is finally delivering on years of hype.

Frequently Asked Questions

What is 325 Kent and where is it located?

325 Kent is a 16-story mixed-use residential building at the heart of the Domino Sugar Factory redevelopment at 325 Kent Avenue, South Williamsburg, Brooklyn. Completed in 2017, it anchors the waterfront site between Williamsburg Bridge and Grand Street.

Who are the latest tenants at the Domino Sugar Factory development?

Levain Bakery signed a lease at 325 Kent this week, joining Brooklyn Kolache and Rough Trade on the retail level. Additional commercial tenants are expected to be announced by late summer 2024 as the site fills out.

How much does it cost to rent at 325 Kent?

As of June 2024, market-rate studio apartments at 325 Kent are listed at over $3,400 per month, while two-bedrooms are largely leased until late summer. Affordable lottery units at the building closed their application in May 2024.

Frequently Asked Questions

What is 325 Kent in Brooklyn?

325 Kent is a 16-story mixed-use residential building at the heart of the Domino Sugar Factory redevelopment at 325 Kent Avenue, South Williamsburg, Brooklyn.

How leased is 325 Kent as of June 2024?

325 Kent is 98% leased as of June 2024.

Which new retail tenants are at 325 Kent?

Levain Bakery, Brooklyn Kolache, and Rough Trade are new retail tenants at 325 Kent.

How much do market-rate studio apartments cost at 325 Kent?

As of June 2024, market-rate studio apartments at 325 Kent are listed at over $3,400 per month.

What does the Domino Sugar Factory redevelopment include?

The Domino Sugar Factory redevelopment includes 2,800 apartments, 600,000 square feet of offices, and over six acres of parkland.

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