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

Massey Knakal Retained Exclusively To Sell Development Site In Boerum Hill

09/24/2014

Massey Knakal Realty Services has been retained on an exclusive basis to sell a development site at 125 3rd Avenue / 10 St. Marks Place, located on the southeast corner of 3rd Avenue and St. Marks Place in Brooklyn’s Boerum Hill neighborhood.

The approximately 3,946-square foot corner lot features over 125 feet of frontage along St. Marks Place and 3rd Avenue.  It is currently improved by an approximately 3,360-square foot, single-story retail building.  As-of-right the property offers the opportunity to building approximately 15,785 square feet and purchased air rights from the neighboring parcel improve this opportunity to approximately 19,631 total buildable square feet.

This property is located on the border of Boerum Hill and Gowanus, two of the most dynamic and rapidly growing submarkets in Brownstone Brooklyn.  It has convenient access to transportation, with the 2, 3, 4, 5, B, D, N, Q, and R trains at Atlantic Avenue-Barclays Center just three blocks north and Atlantic Terminal, Brooklyn’s main transportation hub, just five blocks away.

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

www.masseyknakal.com

09/24/2014 - 10:35

Source

Cushman & Wakefield Capital Markets Group New York

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