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

Massey Knakal Retained Exclusively To Sell Loft Building In Williamsburg

03/27/2013

Massey Knakal Realty Services has been retained on an exclusive basis to sell a commercial loft building at 850 Metropolitan Avenue. The property is located between Bushwick Avenue and Olive Street in Brooklyn’s Williamsburg neighborhood. The asking price is $9,750,000.

The building contains approximately 27,850 square feet and sits on a 125’ x 100’ lot.  It is an excellent opportunity for a residential conversion or development.  The building itself is well-maintained, and numerous recent upgrades have been made, including a brand new roof.  There is a freight elevator and 12’ to 15’ ceiling heights throughout.  The property will be delivered vacant.

This property is located in the vicinity of Williamsburg’s renowned restaurant and nightlife scene.  The Graham Avenue L train station is two blocks away and provides quick access to Manhattan without transfer.

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 4,500 transactions having a market value in excess of $17 billion.

www.masseyknakal.com

03/27/2013 - 12:15

Source

Cushman & Wakefield Capital Markets Group New York

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