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

Massey Knakal Retained Exclusively To Sell Net-Leased Trophy Asset Located In Boerum Hill

02/20/2014

Massey Knakal Realty Services has been retained on an exclusive basis to sell a net-lease trophy building at 110 Boerum Place. The property is located on the block front of Boerum Place, Dean Street, and Pacific Street in Brooklyn’s Boerum Hill neighborhood.

110 Boerum Place is an iconic asset that is best recognized as the home of the New York Sports Club (NYSC) in the greater Downtown Brooklyn neighborhood. The building  measures approximately 40,000 square feet and consists of ten free market residential units and one commercial unit, net leased to NYSC.

This offering presents an extremely rare investment opportunity in a blossoming residential neighborhood known for its quaint tree-lined streets, historic brownstones, independent boutiques, and ethnic restaurants.  The property is located just a few blocks from the Borough Hall and MetroTech subway stations, providing access to 13 subway lines to virtually anywhere in New York City.

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

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,700 transactions having a market value in excess of $19 billion.

www.masseyknakal.com

02/20/2014 - 11:01

Source

Cushman & Wakefield Capital Markets Group New York

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