41-45 GRAHAM AVENUE Brooklyn, NY
41-45 GRAHAM AVENUE Brooklyn, NY FOR SALE
3 Commercial Buildings with Development Potential Combined 175’ Feet of Frontage | 30,000 BSF
PROPERTY PHOTO
LOCATION MAP
Greenpoint
New York
Williamsburg South Williamsburg East River Ferry
41-45 Graham Avenue Montrose Avenue L Train Station Broadway G Train Station G
Lorimer Street J, M Train Station
L
JM
Flushing Avenue J, M Train Station
Brooklyn
JM
PROPERTY DESCRIPTION
BUILDING FEATURES 41-45 Graham Avenue 48 Varet Street Located on the southwest corner of Varet Street and Graham Avenue
ADDRESS RANGE LOCATION BLOCK
3113
LOTS
17, 18 & 19
ZONING
R7A / C1-4
RESIDENTIAL FAR
4.00
COMMERCIAL FAR
2.00
COMBINED LOT DIMENSIONS
75’ x 100’
COMBINED LOT S.F.
7,500
TOTAL BUILDABLE S.F.
30,000
COMBINED ASSESSMENT (15/16)
$672,950
COMBINED TAXES (15/16)
$71,710
The subject property comprises three adjoining commercial buildings with development potential on the strongest retail corridor in East Williamsburg. The corner property provides a combined 175’ of frontage on Graham Avenue and Varet Street. The buildings will be delivered vacant and can be leased at market rent or a developer can build a 30,000 SF mixed-use building. 41-45 Graham Avenue is located within an 8-block radius of the Montrose Avenue L Station, the Broadway G Station, and the Flushing Avenue and Lorimer Street J & M Stations.
ASKING PRICE
$13,250,000
FOR MORE INFORMATION, PLEASE CONTACT: Brendan T. Maddigan Director (718) 307 6507 [email protected]
Mark L. Lively Associate Director (718) 307 6524 [email protected]
Ethan S. Stanton Senior Associate (718) 307 6553 [email protected]
Andrew T. Berry Associate (212) 589 5124 [email protected]
CUSHMAN & WAKEFIELD 205 Montague Street Brooklyn, NY 11201 nyinvestmentsales.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) 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 Cushman & Wakefield or its client.
3 Commercial Buildings with Development Potential Combined 175’ Feet of Frontage | 30,000 BSF
PROPERTY PHOTO
LOCATION MAP
Greenpoint
New York
Williamsburg South Williamsburg East River Ferry
41-45 Graham Avenue Montrose Avenue L Train Station Broadway G Train Station G
Lorimer Street J, M Train Station
L
JM
Flushing Avenue J, M Train Station
Brooklyn
JM
PROPERTY DESCRIPTION
BUILDING FEATURES 41-45 Graham Avenue 48 Varet Street Located on the southwest corner of Varet Street and Graham Avenue
ADDRESS RANGE LOCATION BLOCK
3113
LOTS
17, 18 & 19
ZONING
R7A / C1-4
RESIDENTIAL FAR
4.00
COMMERCIAL FAR
2.00
COMBINED LOT DIMENSIONS
75’ x 100’
COMBINED LOT S.F.
7,500
TOTAL BUILDABLE S.F.
30,000
COMBINED ASSESSMENT (15/16)
$672,950
COMBINED TAXES (15/16)
$71,710
The subject property comprises three adjoining commercial buildings with development potential on the strongest retail corridor in East Williamsburg. The corner property provides a combined 175’ of frontage on Graham Avenue and Varet Street. The buildings will be delivered vacant and can be leased at market rent or a developer can build a 30,000 SF mixed-use building. 41-45 Graham Avenue is located within an 8-block radius of the Montrose Avenue L Station, the Broadway G Station, and the Flushing Avenue and Lorimer Street J & M Stations.
ASKING PRICE
$13,250,000
FOR MORE INFORMATION, PLEASE CONTACT: Brendan T. Maddigan Director (718) 307 6507 [email protected]
Mark L. Lively Associate Director (718) 307 6524 [email protected]
Ethan S. Stanton Senior Associate (718) 307 6553 [email protected]
Andrew T. Berry Associate (212) 589 5124 [email protected]
CUSHMAN & WAKEFIELD 205 Montague Street Brooklyn, NY 11201 nyinvestmentsales.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the Property offered by Cushman & Wakefield) 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 Cushman & Wakefield or its client.
