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| 154 Scott Avenue Warehouse, East Williamsburg Neighborhood Brooklyn, NY |
BROOKLYN, NY – Marcus & Millichap (NYSE: MMI), a
leading commercial real estate investment services firm with offices throughout
the United States and Canada, announces the listing of a warehouse facility
located at 154 Scott Avenue in the East Williamsburg section of Brooklyn.
The
property is located between Scholes and Randolph Streets.
The
listing agents are Jakub Nowak and Jim McGuckin, both of the firm’s
Brooklyn office.
“This
turnkey warehouse building is ripe for conversion, and offers investors and
developers the unique opportunity to purchase a sizable and completely
unencumbered commercial asset,” says Nowak.
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| Jakub Nowak |
The five-story industrial building is currently owner
occupied and being used for light manufacturing, warehousing and distribution.
The subject property will be delivered vacant and features 99,940 square feet
of rentable space. The building stands on a M3-1 zoned, 21,048 square foot lot.
“Investors and owner-users will be able to capitalize on
rising commercial and office rents in this part of East Williamsburg by
repositioning the asset and taking advantage of a growing supply and demand
disparity in the local commercial market,” says McGuckin.
154 Scott Avenue features 14-foot ceilings, multiple
loading docks, two freight elevators and heavy power throughout. Its location
allows for easy access to the Jefferson Street "L" train and to I-278
(BQE).
For a complete copy of the company’s news release,
please contact:
Gina Relva
Public Relations Manager
(925) 953-1716
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