10 St. Marks Place - Agorafy
~19,631 SF DEVELOPMENT SITE ON THE CUSP OF BOERUM HILL AND GOWANUS
125 3rd Avenue / 10 St. Marks Place BROOKLYN, NY 11217
Address:
125 3rd Avenue / 10 St. Marks Place, Brooklyn, NY 11217
Location :
Located on the southeast corner of 3rd Avenue and St. Marks Place in Boerum Hill, Brooklyn. 395 / 3 60.7’ x 65’ 3,946 R7A/C2-4 4.00 3,946 15,785 3,846 19,631 $175,680 $18,135
Block / Lot: Lot Dimensions: Lot Square Footage: Zoning: FAR: Lot Square Footage: Buildable Square Footage: Purchased Air Rights: Total Buildable Square Footage: Assessment (14/15): Taxes (14/15):
A
Property Description:
BAM C u lt u r al Dist r ic t
C
G F
G
LIRR 2
3
B
D
4
5
N
Q R
D
N
At lan t ic Te r min al
R
Bar c lay s Center
2 3
125 3rd Avenue / 10 St. Marks Place is an approximate 3,946 square foot corner lot with over 125 feet of frontage along St. Marks Place and 3rd Avenue. The site is currently improved by an approximate 3,360 square foot single-story retail building. As-of-right, 125 3rd Avenue / 10 St. Marks Place offers the opportunity to build approximately 15,785 square feet, moreover purchased air rights from the neighboring parcel, improves this opportunity to approximately 19,631 total buildable square feet. 125 3rd Avenue / 10 St. Marks Place is located on the border of Gowanus and Boerum Hill, two of the most dynamic and rapidly growing sub-markets within Brownstone Brooklyn. The property benefits from unparalleled connectivity to all sections of New York City. Access to the 2 3 4 5 B D N Q & R trains is just 3 blocks north at the Atlantic Avenue– Barclays Center stop on Pacific Street; additionally, the property is conveniently located 5 blocks from Brooklyn’s main transportation hub, Atlantic Terminal. The greater Downtown Brooklyn market, specifically Gowanus and Boerum Hill, continues to thrive as a top residential destination for the over 1 million aspiring young professionals that currently reside in the city. Brooklyn’s rapidly growing reputation as an employment and entertainment epicenter, coupled with its nearly unmatched access to transportation options, makes the acquisition of 125 3rd Avenue / 10 St. Marks Place a remarkable development opportunity.
ASKING PRICE: $6,500,000
For further information or inspection, please contact Exclusive Agents:
Stephen P. Palmese Winfield Clifford Michael J. Mazzara Thomas Freeland Partner Director of Sales Senior Associate Senior Associate (718) 307-6552 (718) 606-7054 (718) 606-7052 (718) 307-7021 [email protected] [email protected] [email protected] [email protected]
James Berluti Associate (718) 606-7053 [email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX BROOKLYN MANHATTAN NASSAU NEW JERSEY QUEENS STATEN ISLAND WESTCHESTER
125 3rd Avenue / 10 St. Marks Place BROOKLYN, NY 11217
Address:
125 3rd Avenue / 10 St. Marks Place, Brooklyn, NY 11217
Location :
Located on the southeast corner of 3rd Avenue and St. Marks Place in Boerum Hill, Brooklyn. 395 / 3 60.7’ x 65’ 3,946 R7A/C2-4 4.00 3,946 15,785 3,846 19,631 $175,680 $18,135
Block / Lot: Lot Dimensions: Lot Square Footage: Zoning: FAR: Lot Square Footage: Buildable Square Footage: Purchased Air Rights: Total Buildable Square Footage: Assessment (14/15): Taxes (14/15):
A
Property Description:
BAM C u lt u r al Dist r ic t
C
G F
G
LIRR 2
3
B
D
4
5
N
Q R
D
N
At lan t ic Te r min al
R
Bar c lay s Center
2 3
125 3rd Avenue / 10 St. Marks Place is an approximate 3,946 square foot corner lot with over 125 feet of frontage along St. Marks Place and 3rd Avenue. The site is currently improved by an approximate 3,360 square foot single-story retail building. As-of-right, 125 3rd Avenue / 10 St. Marks Place offers the opportunity to build approximately 15,785 square feet, moreover purchased air rights from the neighboring parcel, improves this opportunity to approximately 19,631 total buildable square feet. 125 3rd Avenue / 10 St. Marks Place is located on the border of Gowanus and Boerum Hill, two of the most dynamic and rapidly growing sub-markets within Brownstone Brooklyn. The property benefits from unparalleled connectivity to all sections of New York City. Access to the 2 3 4 5 B D N Q & R trains is just 3 blocks north at the Atlantic Avenue– Barclays Center stop on Pacific Street; additionally, the property is conveniently located 5 blocks from Brooklyn’s main transportation hub, Atlantic Terminal. The greater Downtown Brooklyn market, specifically Gowanus and Boerum Hill, continues to thrive as a top residential destination for the over 1 million aspiring young professionals that currently reside in the city. Brooklyn’s rapidly growing reputation as an employment and entertainment epicenter, coupled with its nearly unmatched access to transportation options, makes the acquisition of 125 3rd Avenue / 10 St. Marks Place a remarkable development opportunity.
ASKING PRICE: $6,500,000
For further information or inspection, please contact Exclusive Agents:
Stephen P. Palmese Winfield Clifford Michael J. Mazzara Thomas Freeland Partner Director of Sales Senior Associate Senior Associate (718) 307-6552 (718) 606-7054 (718) 606-7052 (718) 307-7021 [email protected] [email protected] [email protected] [email protected]
James Berluti Associate (718) 606-7053 [email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX BROOKLYN MANHATTAN NASSAU NEW JERSEY QUEENS STATEN ISLAND WESTCHESTER
