420 Fifth Avenue (Office Condo)
420 5th Avenue, New York, NY, 10018, US
HK$60,819,000
Description
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.
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Attributes
Building Size
12,681 SF
Lot Size
3,842 SF
Livingston Street Frontage
50 Feet
Zoning Designation
C5-4, DB
Residential Zoning Equivalent
R10
Media
Investment Highlights
- 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.
Contact brokers
100 Livingston Street (0 Properties)
