Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Cushman & Wakefield Sells Waterfront Residential Building - Conversion Opportunity in Brooklyn Heights

09/25/2015

A residential building at 2 Pierrepont Street, located on the southeast corner of Pierrepont Street and Pierrepont Place in Brooklyn Heights, was sold in an all-cash transaction.

The 12-story building contains approximately 40,178 square feet on a 42’ x 100’ lot. It consists of 39 residential units, totaling approximately 26,700 rentable square feet. The unit mix consists of 13 studios, 4 one-bedrooms, 18 two-bedrooms, 3 three-bedrooms, and 1 four-bedroom.

Situated at the entrance of the renowned Brooklyn Heights Promenade, the waterfront property offers unparalleled views of the Manhattan skyline. The property is located in close proximity to multiple subway lines, providing direct access to Lower Manhattan and connectivity throughout all of New York City. It is just a short walk from the heart of Downtown Brooklyn’s bustling business district and is surrounded by some of the area’s most popular neighborhoods, including DUMBO, Cobble Hill, and Boerum Hill.

“2 Pierrepont Street provides an extraordinary conversion property in one of New York City’s top ranked residential neighborhoods,” said Cushman & Wakefield’s Stephen P. Palmese, who exclusively handled this transaction.

09/25/2015 - 13:30

Source

Cushman & Wakefield Capital Markets Group New York

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