149 atlantic avenue - Agorafy

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149 ATLANTIC AVENUE

BROOKLYN HEIGHTS, NY 11201 Owner/User Retail Condominium

ADDRESS:

149 Atlantic Avenue, Brooklyn, NY 11201

LOCATION:

On the north side of Atlantic Avenue between Henry and Clinton Streets in Brooklyn Heights

BLOCK / LOT:

275 / 10

RETAIL CONDO DIMENSIONS: 13.5’ x 50.08’

R

R

A C F 2 3

B Q R

A C G

2 3 4 5

F G STATE STREET

10

CLINTON STREET

275 80’

HENRY STREET

FIRST FLOOR:

708

sq. ft. (approx.)

CELLAR:

314

sq. ft. (approx.)

REAR YARD:

508

sq. ft. (approx.)

GROSS SF:

1,530

sq. ft. (approx.)

ADDITIONAL BSF:

400

sq. ft. (approx.)

ZONING:

R6 / C1-3

FAR:

3.00

TAXES:

$7,799 /year

CAM:

$3,750 /year

PROPERTY DESCRIPTION: 2 3 4 5

Cushman & Wakefield has been hired on an exclusive basis to arrange for the sale of 149 Atlantic Avenue, a retail condominium located in Brooklyn Heights on the south side of the avenue between Henry Street and Clinton Street. The property benefits from high-frequency foot traffic considering its positioning on the cusp of Downtown Brooklyn’s bustling business district and at the vortex of three residential neighborhoods – Brooklyn Heights, Boerum Hill, & Cobble Hill. The subject property features approximately 13.5’ of frontage 710 SF on Atlantic Avenue. In addition, the space benefits from approximately 314 SF or cellar space and 508 SF of rear yard space. There is also an additional 400 buildable square feet that can be utilized. Atlantic Avenue is one of the area’s top thoroughfares, demanding rents upwards of $100/SF, and rents on Court Street, only two blocks east, are exceeding $200/SF. 149 Atlantic Avenue will be delivered vacant, presenting an excellent opportunity for an owner/user to occupy the space or for an investor to collect income from a tenant on a premier retail corridor.

20’

ATLANTIC AVENUE

FOR MORE INFORMATION, PLEASE CONTACT: Stephen Palmese Vice Chairman (718) 238 8999 x6552 [email protected]

(approx.)

Alex Svetlakou Director (718) 238 8999 x7062 [email protected]

Michael Mazzara Associate Director (718) 238 8999 x7052 [email protected]

ASKING PRICE: $1,525,000 CUSHMAN & WAKEFIELD, INC. Thomas Freeland 205 Montague Street 3rd Floor Associate Director Brooklyn, NY 11201 (718) 238 8999 x7021 www.nyinvestmentsales.com [email protected]

The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)