3000000 - AGORAFY
599 WASHINGTON AVENUE BROOKLYN, NY 11238
Residential/Mixed-Use Redevelopment
FOR SALE
Opportunity in Prime Prospect Heights PROPERTY FEATURES:
ch r
R F
on ll
Cit y Po int
A C G
L. I .U . Br ookl yn
2 3 4 5
G G
BA M Cultural Dis tri ct
G
Atlantic Teminal
N Q R 2 3 B D 4 5 Barclays Center
2 3
C
S
2 3
13.54’
N TO
25’
1132
2’ 80.4
4 5
GRAND AVENUE
27.06’
10.25’
E NU AVE
PACIFIC STREET
4
4
LOT DIMENSIONS:
40’ x 80.42’
(approx.)(irreg.)
LOT SIZE:
2,747 sq. ft.
(approx.)(irreg.)
BUILDING DIMENSIONS: G STORIES:
40’ x 75’
(approx.)(irreg.)
2 sq. ft. (approx.)
ZONING:
R6A / C2-4
FAR: G TOTAL BUILDABLE SF:
3.00 8,241
sq. ft. (approx.)
MINUS EXISTING ZFA:
5,141
sq. ft. (approx.)
AVAILABLE AIR RIGHTS:
3,100
sq. ft. (approx.)
ASSESSMENT (15/16):
$294,147
paid by tenant
TAXES (15/16):
$31,427
& Wakefield has been hired to exclusively represent the A C sale of 599 Washington Avenue, located between Dean and Pacific Streets in Prospect Heights.
P ro s pe c t P ark
38.5’
1132
LOT:
A C Cushman S
2 3
F G
BLOCK
PROPERTY DESCRIPTION:
599 Washington Avenue
R
G SHIN WA 40’
F G
East side of Washington Avenue between Pacific and Dean streets
GROSS SQUARE FOOTAGE: 5,141
Fort G reene P ark
B Q R
LOCATION:
The subject property is currently a two-story, 5,141 square foot church with a substantial usable basement configured as fellowship and office space. Benefitting from 40 feet of frontage on a well-situated block of Washington Avenue and 3,100 square feet of unused air rights, 599 Washington Avenue presents an excellent, and exceedingly rare, opportunity for residential redevelopment in a market where asking prices for new construction residential condo units are as high as $1250/sq. ft. The potential for a rental or mixed-use project also exists, as Prospect Heights continues to be one of the borough’s most sought-after neighborhoods for families and young professionals alike. ASKING PRICE:
$3,000,000 DEAN STREET
FOR MORE INFORMATION, PLEASE CONTACT: Stephen Palmese Vice Chairman (718) 307 6552 [email protected]
Michael Mazzara Associate Director (718) 606 7052 [email protected]
Thomas Freeland Associate Director (718) 606 7021 [email protected]
2 5
McNally Lee Associate (718) 606 7050 [email protected]
CUSHMAN & WAKEFIELD, INC. 205 Montague Street 3rd Floor Brooklyn, NY 11201 www.nyinvestmentsales.com
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.)
Residential/Mixed-Use Redevelopment
FOR SALE
Opportunity in Prime Prospect Heights PROPERTY FEATURES:
ch r
R F
on ll
Cit y Po int
A C G
L. I .U . Br ookl yn
2 3 4 5
G G
BA M Cultural Dis tri ct
G
Atlantic Teminal
N Q R 2 3 B D 4 5 Barclays Center
2 3
C
S
2 3
13.54’
N TO
25’
1132
2’ 80.4
4 5
GRAND AVENUE
27.06’
10.25’
E NU AVE
PACIFIC STREET
4
4
LOT DIMENSIONS:
40’ x 80.42’
(approx.)(irreg.)
LOT SIZE:
2,747 sq. ft.
(approx.)(irreg.)
BUILDING DIMENSIONS: G STORIES:
40’ x 75’
(approx.)(irreg.)
2 sq. ft. (approx.)
ZONING:
R6A / C2-4
FAR: G TOTAL BUILDABLE SF:
3.00 8,241
sq. ft. (approx.)
MINUS EXISTING ZFA:
5,141
sq. ft. (approx.)
AVAILABLE AIR RIGHTS:
3,100
sq. ft. (approx.)
ASSESSMENT (15/16):
$294,147
paid by tenant
TAXES (15/16):
$31,427
& Wakefield has been hired to exclusively represent the A C sale of 599 Washington Avenue, located between Dean and Pacific Streets in Prospect Heights.
P ro s pe c t P ark
38.5’
1132
LOT:
A C Cushman S
2 3
F G
BLOCK
PROPERTY DESCRIPTION:
599 Washington Avenue
R
G SHIN WA 40’
F G
East side of Washington Avenue between Pacific and Dean streets
GROSS SQUARE FOOTAGE: 5,141
Fort G reene P ark
B Q R
LOCATION:
The subject property is currently a two-story, 5,141 square foot church with a substantial usable basement configured as fellowship and office space. Benefitting from 40 feet of frontage on a well-situated block of Washington Avenue and 3,100 square feet of unused air rights, 599 Washington Avenue presents an excellent, and exceedingly rare, opportunity for residential redevelopment in a market where asking prices for new construction residential condo units are as high as $1250/sq. ft. The potential for a rental or mixed-use project also exists, as Prospect Heights continues to be one of the borough’s most sought-after neighborhoods for families and young professionals alike. ASKING PRICE:
$3,000,000 DEAN STREET
FOR MORE INFORMATION, PLEASE CONTACT: Stephen Palmese Vice Chairman (718) 307 6552 [email protected]
Michael Mazzara Associate Director (718) 606 7052 [email protected]
Thomas Freeland Associate Director (718) 606 7021 [email protected]
2 5
McNally Lee Associate (718) 606 7050 [email protected]
CUSHMAN & WAKEFIELD, INC. 205 Montague Street 3rd Floor Brooklyn, NY 11201 www.nyinvestmentsales.com
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.)
