1200000 100% VACANT BUILDING 524 Willoughby Avenue Bedford
524 Willoughby Avenue Bedford-Stuyvesant, Brooklyn, NY 100% VACANT BUILDING 2,400 Building SF & 2,775 BSF of Air Rights FOR SALE Building Features Location
South side of Willoughby Avenue between Marcy and Tompkins Avenues.
Block & Lot
1767 / 9
Lot Size
20' x 75'
(Approx.)
Lot SF
1,500
(Approx.)
Zoning
R7A / C2-4
FAR
3.45
Building Size
20' x 40'
(Approx.)
Building SF
2,400
(Approx.)
Stories
3
Units
3
Buildable SF
5,175
(Approx.)
Air Rights
2,775
(Approx.)
Assessment ('16/'17)
$18,933
R.E. Taxes ('1/'17)
$3,702
Property Description The subject property is a three-story vacant building located on the south side of Willoughby Avenue between Marcy and Tompkins Avenues. Public transportation is available within two short blocks to the G train at Myrtle-Willoughby Avenues Station, offering convenient access to Long Island City, Williamsburg, Downtown Brooklyn and connections to trains to Manhattan. The property presents a fantastic opportunity for a developer or investor 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:
ASKING PRICE
DJ Johnston, Director (718) 307-6515 [email protected]
Michael Amirkhanian, Executive Managing Director (718) 606-7073 [email protected]
William Cheng, Director (718) 606-7037 [email protected]
Bryan Kirk, Associate (718) 307-6516 [email protected]
Joshua Sabzevari, Associate (718) 307-6521 [email protected]
$1,200,000
CUSHMAN & WAKEFIELD One Pierrepont Plaze, 9th Floor, Brooklyn, NY 11201 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 or other 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.
524 Willoughby Avenue Bedford-Stuyvesant, Brooklyn, NY Building Layout Unit
Type
Gross SF
Ground Floor
2 BR
704
Second Floor
2 BR
704
Third Floor
2 BR
704
Total
2,112
524 Willoughby Avenue J M G
G
G
G G
$1,200,000
CUSHMAN & WAKEFIELD One Pierrepont Plaza, 9th Floor, Brooklyn, NY 11201 nyinvestmentsales.com
For More Information, Please Contact:
DJ Johnston, Director (718) 307-6515 [email protected]
Michael Amirkhanian, Executive Managing Director (718) 606-7073 [email protected]
William Cheng, Director (718) 606-7037 [email protected]
Bryan Kirk, Associate (718) 307-6516 [email protected]
Joshua Sabzevari, Associate (718) 307-6521 [email protected]
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 or other 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.
South side of Willoughby Avenue between Marcy and Tompkins Avenues.
Block & Lot
1767 / 9
Lot Size
20' x 75'
(Approx.)
Lot SF
1,500
(Approx.)
Zoning
R7A / C2-4
FAR
3.45
Building Size
20' x 40'
(Approx.)
Building SF
2,400
(Approx.)
Stories
3
Units
3
Buildable SF
5,175
(Approx.)
Air Rights
2,775
(Approx.)
Assessment ('16/'17)
$18,933
R.E. Taxes ('1/'17)
$3,702
Property Description The subject property is a three-story vacant building located on the south side of Willoughby Avenue between Marcy and Tompkins Avenues. Public transportation is available within two short blocks to the G train at Myrtle-Willoughby Avenues Station, offering convenient access to Long Island City, Williamsburg, Downtown Brooklyn and connections to trains to Manhattan. The property presents a fantastic opportunity for a developer or investor 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:
ASKING PRICE
DJ Johnston, Director (718) 307-6515 [email protected]
Michael Amirkhanian, Executive Managing Director (718) 606-7073 [email protected]
William Cheng, Director (718) 606-7037 [email protected]
Bryan Kirk, Associate (718) 307-6516 [email protected]
Joshua Sabzevari, Associate (718) 307-6521 [email protected]
$1,200,000
CUSHMAN & WAKEFIELD One Pierrepont Plaze, 9th Floor, Brooklyn, NY 11201 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 or other 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.
524 Willoughby Avenue Bedford-Stuyvesant, Brooklyn, NY Building Layout Unit
Type
Gross SF
Ground Floor
2 BR
704
Second Floor
2 BR
704
Third Floor
2 BR
704
Total
2,112
524 Willoughby Avenue J M G
G
G
G G
$1,200,000
CUSHMAN & WAKEFIELD One Pierrepont Plaza, 9th Floor, Brooklyn, NY 11201 nyinvestmentsales.com
For More Information, Please Contact:
DJ Johnston, Director (718) 307-6515 [email protected]
Michael Amirkhanian, Executive Managing Director (718) 606-7073 [email protected]
William Cheng, Director (718) 606-7037 [email protected]
Bryan Kirk, Associate (718) 307-6516 [email protected]
Joshua Sabzevari, Associate (718) 307-6521 [email protected]
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 or other 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.
