Descriptif

Jones Lang LaSalle has been retained on an exclusive basis to arrange for the sale of 100 Livingston Street, an approx. 13,000 SF commercial building featuring 50’ of frontage on the south side of Livingston Street in Downtown Brooklyn, NY. 100 Livingston offers an opportunity to convert a four-story building to residential use in the middle of Downtown Brooklyn’s residential growth. The neighborhood has evolved from a commercial and government center into one of New York City’s most active places to build and rent apartments. The property also offers exceptional connectivity to Boerum Hill, Cobble Hill, Park Slope, Brooklyn Heights, and Fort Greene.

...

Attributs

Building Size

12,681 SF

Lot Size

3,842 SF

Livingston Street Frontage

50 Feet

Zoning Designation

C5-4, DB

Residential Zoning Equivalent

R10

Média

Points forts de l'investissement

Well-Maintained Building with Conversion Potential: Opportunity to convert a four-story building to residential use in the middle of Downtown Brooklyn’s residential growth.
Cash-Flowing Asset in an Attractive Market: Cash-flowing asset at an attractive basis and lease up two office suites and a cellar delivered vacant. Existing medical build-outs present a compelling opportunity for a medical user to occupy space that is already improved.
Unparalleled Location: Greatest density of subway lines anywhere in the Boroughs, with 13 lines within 5 blocks providing quick access to Downtown and Midtown Manhattan. The property is located half a block from Court Street, one block from Brooklyn Law School and two blocks from Gage & Tollner.