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

Massey Knakal Retained Exclusively To Sell Large Mixed-Use Development Site Along L Train In Bushwick

02/14/2013

Massey Knakal Realty Services has been retained on an exclusive basis to sell the Weirfield Coal Company Site, a mixed-use development opportunityalong the Halsey L train station in East Bushwick.  The aggregate site contains over 105,000 buildable square feet, of which almost 90,000 is residentially zoned (R6), with the balance of just under 18,000 square feet of land falling within an M1-1 zone suitable for retail, hotel, and light manufacturing or storage uses. The asking price is $8,500,000, approximately $80 per buildable square foot.

The rare scale of this site, which is only a 20 minute trip along the L or M train to Union Square and Midtown Manhattan, offers a critical mass for a developer to help accelerate growth in what is becoming one of Brooklyn’s hottest neighborhoods,” said Massey Knakal Director of Sales Michael Amirkhanian who is exclusively marketing this site.

For more information on this listing, contact Michael Amirkhanian 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 4,500 transactions having a market value in excess of $17 billion.

www.masseyknakal.com

02/13/2013 - 18:34

Source

Cushman & Wakefield Capital Markets Group New York

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