84 Hoyt Street Brooklyn, NY - Massey Knakal
84 Hoyt Street Brooklyn, NY BOERUM HILL
4-Story Mixed-Use Building FOR SALE
ASKING: $2,500,000 Building Features
F
om e
nad e
A C
2 3
2 3 R 4 5
A C R F
84 Hoyt Street
Fort Greene Park
L.I.U. Brooklyn 2 3 A C G
2 3 4 5
BAM Cultural District
G
Barclays Center STATE STREET
R176 75’
ATLANTIC AVENUE
20’
31
HOYT STREET
SMITH STREET
On the west side of Hoyt Street between State Street and Atlantic Avenue
Block:
176
Lot:
31
Lot Dimensions:
20’ x 75’ sq. ft. (approx.)
Combined Lot Size:
3,600 sq. ft. (approx.)
Building Dimensions:
20’ x 40’
Gross Square Footage:
3,200 sq. ft. (approx.)
Residential Units:
3
Commercial Units:
1
Zoning:
R7A / C2-4
FAR:
4.00
Total Buildable Sq. Ft.:
6,000 sq. ft. (approx.)
Minus Existing ZFA:
3,200 sq. ft. (approx.)
Available Air Rights:
2,800 sq. ft. (approx.)
Assessment (15/16):
$18,247
Taxes (15/16):
$3,568
84 Hoyt Street is currently improved with a 4-story mixed-use building consisting of a ground floor retail space and three residential units. The residential unit mix includes a one-bedroom unit on the 2nd floor and two-bedroom units on the 3rd and 4th floors. The retail unit is under lease until March, 2020 at market rent. The 2nd floor apartment will be delivered vacant while the 3rd and 4th floor leases expire in 2018 and 2017, respectively.
D 2 3 B 4 5 Q N R
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Location:
Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 84 Hoyt Street, an approx. 3,200 SF mixed-use property with approx. 2,800 SF of additional air rights. The property is located on the west side of the street between Atlantic Avenue and State Street in Boerum Hill, Brooklyn. 84 Hoyt Street presents an incredible investment opportunity to secure an asset off the corner of Atlantic Avenue, the neighborhood’s main retail corridor, with future development potential.
Atlantic Terminal
F G
84 Hoyt Street, Brooklyn, NY 11201
Property Highlights
B Q R
F G
Address:
Boerum Hill is known for its local eateries and boutiques, luxury rentals and brownstones, and convenient proximity to popular neighborhoods— it’s bordered by Cobble Hill, Carroll Gardens, Brooklyn Heights, and Park Slope. In addition to being within walking distance to Brooklyn Bridge Park, Barclays Center, and Atlantic Terminal, 84 Hoyt Street is surrounded by 10 different subway lines providing a short commute to Manhattan, making it a great opportunity for an investor or end user.
For More Information, Please Contact: Stephen P. Palmese
Michael Mazzara
Vice Chairman (718) 307 6552
R
[email protected]
Patrick Madigan
Director
Thomas Freeland Associate Director
(718) 606 7052
(718) 606 7021
(718) 606 7058
[email protected]
[email protected]
[email protected]
Associate
Cushman & Wakefield 1 Pierrepont Plaza, Fl. 9, STE 2
Brooklyn, New York 11201 phone: +1 718 238 8999 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental F or other G conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
R
4-Story Mixed-Use Building FOR SALE
ASKING: $2,500,000 Building Features
F
om e
nad e
A C
2 3
2 3 R 4 5
A C R F
84 Hoyt Street
Fort Greene Park
L.I.U. Brooklyn 2 3 A C G
2 3 4 5
BAM Cultural District
G
Barclays Center STATE STREET
R176 75’
ATLANTIC AVENUE
20’
31
HOYT STREET
SMITH STREET
On the west side of Hoyt Street between State Street and Atlantic Avenue
Block:
176
Lot:
31
Lot Dimensions:
20’ x 75’ sq. ft. (approx.)
Combined Lot Size:
3,600 sq. ft. (approx.)
Building Dimensions:
20’ x 40’
Gross Square Footage:
3,200 sq. ft. (approx.)
Residential Units:
3
Commercial Units:
1
Zoning:
R7A / C2-4
FAR:
4.00
Total Buildable Sq. Ft.:
6,000 sq. ft. (approx.)
Minus Existing ZFA:
3,200 sq. ft. (approx.)
Available Air Rights:
2,800 sq. ft. (approx.)
Assessment (15/16):
$18,247
Taxes (15/16):
$3,568
84 Hoyt Street is currently improved with a 4-story mixed-use building consisting of a ground floor retail space and three residential units. The residential unit mix includes a one-bedroom unit on the 2nd floor and two-bedroom units on the 3rd and 4th floors. The retail unit is under lease until March, 2020 at market rent. The 2nd floor apartment will be delivered vacant while the 3rd and 4th floor leases expire in 2018 and 2017, respectively.
D 2 3 B 4 5 Q N R
F G
Location:
Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 84 Hoyt Street, an approx. 3,200 SF mixed-use property with approx. 2,800 SF of additional air rights. The property is located on the west side of the street between Atlantic Avenue and State Street in Boerum Hill, Brooklyn. 84 Hoyt Street presents an incredible investment opportunity to secure an asset off the corner of Atlantic Avenue, the neighborhood’s main retail corridor, with future development potential.
Atlantic Terminal
F G
84 Hoyt Street, Brooklyn, NY 11201
Property Highlights
B Q R
F G
Address:
Boerum Hill is known for its local eateries and boutiques, luxury rentals and brownstones, and convenient proximity to popular neighborhoods— it’s bordered by Cobble Hill, Carroll Gardens, Brooklyn Heights, and Park Slope. In addition to being within walking distance to Brooklyn Bridge Park, Barclays Center, and Atlantic Terminal, 84 Hoyt Street is surrounded by 10 different subway lines providing a short commute to Manhattan, making it a great opportunity for an investor or end user.
For More Information, Please Contact: Stephen P. Palmese
Michael Mazzara
Vice Chairman (718) 307 6552
R
[email protected]
Patrick Madigan
Director
Thomas Freeland Associate Director
(718) 606 7052
(718) 606 7021
(718) 606 7058
[email protected]
[email protected]
[email protected]
Associate
Cushman & Wakefield 1 Pierrepont Plaza, Fl. 9, STE 2
Brooklyn, New York 11201 phone: +1 718 238 8999 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental F or other G conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
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