The Reel

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Cushman & Wakefield has been retained on an exclusive basis to sell three commercial buildings at 41-45 Graham Avenue.  The properties are located on the southwest corner of Graham Avenue and Varet Street in Brooklyn’s East Williamsburg neighborhood.  The asking price is $13,250,000.  

The owner, Ken Lustbader, is pursuing the sale to allow the property to reach its full potential of a 30,000-square foot new development.  The three adjoining commercial buildings combine for approximately 175’ of frontage on one of the strongest retail corridors in East Williamsburg.  They will be delivered vacant and can be leased at market or developed.

These properties are located in close proximity of the Montrose Avenue L station, the Broadway G station, and the Flushing Avenue and Lorimer Street J & M stations.

“Graham Avenue is a core Brooklyn retail corridor, established with numerous national tenants and some new startup companies and restaurants. The residential component here, given the transforming East Williamsburg and Bushwick landscape which surrounds the site, just adds to the exciting possibility,” said Cushman & Wakefield’s Brendan Maddigan, who is exclusively marketing this property.

Click here for listing details

Neighborhoods: Williamsburg/ Agents: Brendan Maddigan