Cushman & Wakefield has been retained on an exclusive basis to sell the Hazelwood Portfolio, consisting of four retail-driven properties on Manhattan Avenue in Brooklyn’s Greenpoint neighborhood. The asking price is $20,000,000.
The four separate buildings total approximately 19,825 square feet with 20 units and are located on three tax lots.
764 Manhattan Avenue, located between Meserole and Norman Avenues, is a four-story building that contains approximately 11,875 square feet on a 50’ x 100’ lot. It consists of four retail units, six free market apartments, and three rent stabilized apartments. 760 Manhattan Avenue, located between Meserole and Norman Avenues, is a two-story commercial building that contains approximately 2,450 square feet and consists of two retail units. 730 Manhattan Avenue, located between Meserole and Norman Avenues, is a three-story mixed-use building that contains approximately 2,970 square feet on a 25’ x 100’ lot. It consists of a ground floor retail unit with two free market apartments above. 644 Manhattan Avenue, located between Nassau and Bedford Avenues, is a two-story commercial building that contains approximately 2,530 square feet on a 25’ x 100’ lot. It consists of one retail unit and one residential unit.
“This portfolio presents the opportunity to purchase scale on a rarely available retail corridor in Greenpoint,” said Cushman & Wakefield’s Brendan Maddigan, who is exclusively marketing this portfolio.
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Neighborhoods: Greenpoint/ Agents: Brendan Maddigan