PRESS RELEASE: Avison Young marketing sale of 2470 Bedford Avenue development site in Brooklyn3 Mar 2021
30,000-square-foot lot in Flatbush available for purchase
New York City – The Tri-State Investment Sales Group for Avison Young has been named the exclusive sales agent for 2470 Bedford Avenue, a development site in the Flatbush neighborhood of Brooklyn. The asking price is $4,500,000.
The 2470 Bedford Avenue site is located on a 100-foot x 100-foot R6A zoned lot and is subject to a FAR of 3.0. The one-story property offers a total of 30,000 buildable square feet as-of-right.
An Avison Young team led by Associate Directors Frederick (Fritz) Richter and Christopher Johnson are marketing the property on behalf of ownership.
“We are pleased to offer 2470 Bedford Avenue for sale,” notes Richter. “Given the site’s multiple possibilities for development and location in a densely populated Brooklyn neighborhood, we are expecting strong interest in this investment from a variety of buyers,” notes Richter.
The well-located property is near several mass transit options, including the 2 & 5 Trains just blocks away, and is in close proximity to the many retail options along Flatbush Avenue.
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2020 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for nine consecutive years.
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