296-300 ST. NICHOLAS AVENUE
296-300 ST. NICHOLAS AVENUE NORTH BUSHWICK, BROOKLYN, NY Corner Residential Development Site
FOR SALE
16,500 BUILDABLE SF L M
PROPERTY INFORMATION
M
Southeast corner of St. Nicholas Location: Avenue and Linden Street. Block / Lot: 3338 / 31, 32 & 33 Lot Dimensions: 75' x100' Lot SF: 7,500
L M
(Approx.) S
Zoning: R6
E N
FAR: 2.20 Existing SF: 5,416
W
(Approx.)
As-of-Right Buildable SF: 16,500
(Approx.)
Community Facility Buildable SF: 36,000
(Approx.)
Assessment ('14 / '15): $48,341 Taxes ('14/'15): $9,261 ASKING PRICE
$4,500,000
PROPERTY FEATURES The subject property is a corner residential development site with 16,500 buildable square feet on the border of North Bushwick and Ridgewood. The site has 175’ of wrap around frontage on the southeast corner of Linden Street and St Nicholas Avenue in prime north Bushwick. Public transportation is located right around the corner, with the L and M trains just two blocks away at the Myrtle/Wyckoff Avenue Station, offering convenient access to Manhattan and Williamsburg within 20 minutes. The property also benefits from close proximity to many of Bushwick’s already flourishing art galleries, night life, and dining options. The subject property presents a fantastic opportunity for a developer to invest in one of Brooklyn’s most sought after areas, and to meet already existing neighborhood demand for luxury apartments.
FOR MORE INFORMATION, PLEASE CONTACT: Michael Amirkhanian Executive Director (718) 606-7073 [email protected]
Stephen Preuss Executive Director (718) 512-2118 [email protected]
DJ Johnston Associate Director (718) 307-6515 [email protected]
Robert Moore Associate Director (718) 606-7046 [email protected]
William Cheng Associate Director (718) 606-7037 [email protected]
CUSHMAN & WAKEFIELD Bryan Kirk 205 Montague Street, 3rd Floor Associate Brooklyn, NY 11201 (718) 307-6516 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.)
FOR SALE
16,500 BUILDABLE SF L M
PROPERTY INFORMATION
M
Southeast corner of St. Nicholas Location: Avenue and Linden Street. Block / Lot: 3338 / 31, 32 & 33 Lot Dimensions: 75' x100' Lot SF: 7,500
L M
(Approx.) S
Zoning: R6
E N
FAR: 2.20 Existing SF: 5,416
W
(Approx.)
As-of-Right Buildable SF: 16,500
(Approx.)
Community Facility Buildable SF: 36,000
(Approx.)
Assessment ('14 / '15): $48,341 Taxes ('14/'15): $9,261 ASKING PRICE
$4,500,000
PROPERTY FEATURES The subject property is a corner residential development site with 16,500 buildable square feet on the border of North Bushwick and Ridgewood. The site has 175’ of wrap around frontage on the southeast corner of Linden Street and St Nicholas Avenue in prime north Bushwick. Public transportation is located right around the corner, with the L and M trains just two blocks away at the Myrtle/Wyckoff Avenue Station, offering convenient access to Manhattan and Williamsburg within 20 minutes. The property also benefits from close proximity to many of Bushwick’s already flourishing art galleries, night life, and dining options. The subject property presents a fantastic opportunity for a developer to invest in one of Brooklyn’s most sought after areas, and to meet already existing neighborhood demand for luxury apartments.
FOR MORE INFORMATION, PLEASE CONTACT: Michael Amirkhanian Executive Director (718) 606-7073 [email protected]
Stephen Preuss Executive Director (718) 512-2118 [email protected]
DJ Johnston Associate Director (718) 307-6515 [email protected]
Robert Moore Associate Director (718) 606-7046 [email protected]
William Cheng Associate Director (718) 606-7037 [email protected]
CUSHMAN & WAKEFIELD Bryan Kirk 205 Montague Street, 3rd Floor Associate Brooklyn, NY 11201 (718) 307-6516 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.)
