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

Massey Knakal Retained Exclusively To Sell Community Facility In Brooklyn

12/20/2012

Massey Knakal Realty Services has been retained on an exclusive basis to sell a community facility at 450 Fountain Avenue. The property is located between Dumont and Hageman Avenues in Brooklyn’s East New York neighborhood.  The asking price is $1,300,000.

This brick, split level building is approximately 7,920 square feet and sits on a 120’ x 100’ lot.  Currently used as a house of worship, this property is in move-in condition. The Certificate of Occupancy allows for 300 people on the upper level and 200 people on the lower level.  Additionally, the property has a paved, vacant lot adjacent to it that is currently being used for parking, allowing for approximately 7,080 square feet of additional development rights.

It is centrally located within walking distance to the 3 train at New Lots Avenue and the A train at Euclid Avenue.

For more information on this listing, contact Massey Knakal Director of Sales Edward Gevinski at 718.238.8999 or Chairman Bob Knakal at 212.696.2500.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,200 transactions having a market value in excess of $15 billion.

www.masseyknakal.com

12/20/2012 - 11:45

Source

Cushman & Wakefield Capital Markets Group New York

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