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

Massey Knakal Retained Exclusively To Sell Class-A Office Property In Downtown Brooklyn

11/07/2014

Massey Knakal Realty Services has been retained on an exclusive basis to sell a Class-A office property at 180 Livingston Street, located on the south side of Livingston Street between Smith and Hoyt Streets in Downtown Brooklyn.

The subject property is an office condominium that measures approximately 165,210 rentable square feet.  It occupies floors three through six of the building and features three office tenants, with the MTA serving as the anchor.  The property also holds development potential with an additional approximately 142,525 buildable square feet as-of-right, which can be expanded to approximately 213,155 square feet with use of an inclusionary housing bonus.

180 Livingston Street is surrounded by some of the largest private and public development projects in all of New York City, including City Point, Pacific Park, Avalon Willoughby Square, and the many redevelopments of the Brooklyn Academy of Music.  Its location features unparalleled transportation accessibility, with nine subway lines within three blocks and access to the Long Island Rail Road as well as four additional subway lines within a half-mile.

This property is being marketed exclusively by Massey Knakal’s Stephen P. Palmese.

www.masseyknakal.com

11/07/2014 - 11:59

Source

Cushman & Wakefield Capital Markets Group New York

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