737-747 4th Ave

The Corcoran Group has been retained on an exclusive basis to arrange for the sale of 737-747 4th Avenue a corner lot on the east side of 4th Avenue in the rapidly growing neighborhood of Greenwood in Brooklyn. Currently NNN leased to Dunkin Donuts and expiring shortly, the 150ft x 100ft parcel of land offers the development opportunity typically traded off-market. Neighboring tenants include Subway, MetroPCS and a Best Western Plus with this portion of the 4th Avenue retail corridor heavily trafficked by commuters between Park Slope and Sunset Park. Industry City which houses the Brooklyn Nets practice facility and newly leased space for giant names such as Amazon, The Gap, Time Inc., Bed Bath & Beyond, Buy Buy Baby and Saks Off Fifth is under a mile away. The property is under one block from the R 25th Street subway station which is only four stops from the Atlantic Terminal/Barclays Center with access to the D,N,B,Q,2,3,4,5 Trains plus the LIRR, making the commute in and out of Manhattan only 23 minutes. This is a rare opportunity to acquire a prime development lot in Brooklyn.