476 Marcus Garvey Blvd - Development Site with Approved Plans 0.21 Acres of Commercial Land in Brooklyn, NY 11216

Cushman & Wakefield has been exclusively retained by ownership to offer for sale a residential development site with pre-approved plans at 476 Marcus Garvey Boulevard, in the Stuyvesant Heights section of Bedford Stuyvesant, Brooklyn, NY. (the “Property”, “Site” or “Offering”). It is located between Fulton and Decatur Streets and a six-minute walk to the Kingston/Throop Avenues subway station. Numerous museums, parks and popular eateries are within a short walking distance. Many newly built luxury
residences are on the neighboring blocks, including next door. The lot is approx. 9,080 square feet. The development calls for 61,687 SF Gross Floor Area. Approved for 47 residential units plus a FRESH Program supermarket to be located on the first floor and part of the cellar. The Site is currently improved by a one story supermarket and will be delivered vacant.
A lease with an established supermarket operator will be executed simultaneously with the sale of Property.