191-193 Bond Street - Agorafy
Mixed-Use Building with Expiring Leases:
191-193 Bond Street BOERUM HILL – BROOKLYN, NY 11217 Address: 191-193 Bond Street / 429 Warren Street Location: Located on the northeast corner of Warren and Bond Streets in Boerum Hill Block / Lot: 393 / 69 Lot Dimensions: 23' x 60'
(approx.)
Ground Floor Dimensions: 23' x 60'
(approx.)
Floor 2 & 3 Dimensions: 23' x 40'
(approx.)
Stories: 3 Commercial Units: 1 Residential Units: 2 Garage Spaces: 2 Total Buildable Sq. Ft.: 2,820
(sq. ft. approx.)
Existing Sq. Footage: 3,220
(sq. ft. approx.)
Total Buildable Sq. Ft.: -400 Assessment (14/15): $ Taxes (14/15): $
(Overbuilt) 25,080 4,813
Property Description:
A AC C G
2 4
R
3 5
City BAM Point Cultural District
Fulton Mall 2
3
B R Q
L.I.U. Brooklyn
Massey Knakal Realty Services has been retained on an exclusive basis to arrange for the sale of a 3-story, 3,220 square foot, mixed-use building including a two-bay garage on the corner of Bond and Warren Streets in Boerum Hill.
Fort Green Park
The subject building, which sits on a 23’ x 60’ lot, is made up of the two-bay garage, 2 one-bedroom apartments, and a retail store on the ground floor. Both the residential and commercial units have leases expiring at the end of September, 2015. The building presents the opportunity for an owner/user to occupy the retail space and/or for an investor to add value through increasing the residential rents.
G F Atlantic Terminal
2
3
4
5
B
Q N
D
R
The greater Downtown Brooklyn market, specifically Gowanus and Boerum Hill, continues to thrive as a top residential destination for the over 1 million aspiring young professionals that currently reside in the city. The property is located only 2 blocks from the F & G trains and is only a short distance from Atlantic Avenue – the borough’s transportation hub. Brooklyn’s rapidly growing reputation as an employment and entertainment epicenter, coupled with its access to transportation options, makes the acquisition of 191 Bond Street a remarkable investment opportunity.
ASKING PRICE: $1,700,000 Stephen P. Palmese Partner 718-307-6552
Michael J. Mazzara Senior Associate 718-606-7052
Thomas Freeland Senior Associate 718-606-7021
James Berluti Associate 718-606-7053
[email protected]
[email protected]
[email protected]
[email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
191-193 Bond Street BOERUM HILL – BROOKLYN, NY 11217 Address: 191-193 Bond Street / 429 Warren Street Location: Located on the northeast corner of Warren and Bond Streets in Boerum Hill Block / Lot: 393 / 69 Lot Dimensions: 23' x 60'
(approx.)
Ground Floor Dimensions: 23' x 60'
(approx.)
Floor 2 & 3 Dimensions: 23' x 40'
(approx.)
Stories: 3 Commercial Units: 1 Residential Units: 2 Garage Spaces: 2 Total Buildable Sq. Ft.: 2,820
(sq. ft. approx.)
Existing Sq. Footage: 3,220
(sq. ft. approx.)
Total Buildable Sq. Ft.: -400 Assessment (14/15): $ Taxes (14/15): $
(Overbuilt) 25,080 4,813
Property Description:
A AC C G
2 4
R
3 5
City BAM Point Cultural District
Fulton Mall 2
3
B R Q
L.I.U. Brooklyn
Massey Knakal Realty Services has been retained on an exclusive basis to arrange for the sale of a 3-story, 3,220 square foot, mixed-use building including a two-bay garage on the corner of Bond and Warren Streets in Boerum Hill.
Fort Green Park
The subject building, which sits on a 23’ x 60’ lot, is made up of the two-bay garage, 2 one-bedroom apartments, and a retail store on the ground floor. Both the residential and commercial units have leases expiring at the end of September, 2015. The building presents the opportunity for an owner/user to occupy the retail space and/or for an investor to add value through increasing the residential rents.
G F Atlantic Terminal
2
3
4
5
B
Q N
D
R
The greater Downtown Brooklyn market, specifically Gowanus and Boerum Hill, continues to thrive as a top residential destination for the over 1 million aspiring young professionals that currently reside in the city. The property is located only 2 blocks from the F & G trains and is only a short distance from Atlantic Avenue – the borough’s transportation hub. Brooklyn’s rapidly growing reputation as an employment and entertainment epicenter, coupled with its access to transportation options, makes the acquisition of 191 Bond Street a remarkable investment opportunity.
ASKING PRICE: $1,700,000 Stephen P. Palmese Partner 718-307-6552
Michael J. Mazzara Senior Associate 718-606-7052
Thomas Freeland Senior Associate 718-606-7021
James Berluti Associate 718-606-7053
[email protected]
[email protected]
[email protected]
[email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
