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

Massey Knakal Retained Exclusively To Sell Development Site In Williamsburg

11/06/2012

Massey Knakal Realty Services has been retained on an exclusive basis to sell a development site at 307-311 Union Avenue.  The property is located between South 1st Street and South 2nd Street in Brooklyn’s Williamsburg neighborhood. The asking price is $2,600,000 or approximately $173 per buildable square foot.

The mixed-use development site contains two adjoining lots of approximately 15,000 buildable square feet on a 50’ x 100’ lot.  The property offers 50 feet of frontage on a gentrifying corridor that already has numerous popular bars and restaurants as well as several successful condo projects.  The lots are currently used for parking and may be delivered vacant at closing.

There are excellent transportation options nearby, with the Metropolitan Avenue G train station, the Lorimer Street L train station, and the Hewes Street J and M train station each just five blocks away from the site.

For more information on this listing, contact Massey Knakal Vice President of Sales Mark L. Lively or Director of Sales Brendan Maddigan at 718.238.8999.

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

11/05/2012 - 17:58

Source

Cushman & Wakefield Capital Markets Group New York

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