5 Stuyvesant Avenue and 984 Broadway
Brooklyn, NY
Overview
Summary
- Total Size 18,425 SF
- 5 Stuyvesant Asking Price ~$7,500,000 | $650/Ft
- 984 Broadway Asking Price ~$3,400,000 | $500/Ft
- Max Air Rights ~$3,600,000 | 23,324 @ $151/ZFA
Avison Young, as the exclusive agent, is pleased to offer for sale 5 Stuyvesant Avenue and 984 Broadway, two contiguous properties with a combined 234 feet of wraparound frontage at the intersection of Stuyvesant Avenue, Broadway, and Vernon Avenue, at the border of Bushwick and Bedford-Stuyvesant (“Bed-Stuy”), Brooklyn.
Investment Highlights
Transferable air rights from 5 Stuyvesant Avenue to 984 Broadway
45'+ ceiling heights at 5 Stuyvesant allowing for unique event space
Delivered vacant
Proximity to transportation
485X opportunity
Total ZFA inclusive of in-place buildings totals 41,749 SF
