Property Description for 5421 2nd Ave
INVICTUS Property Advisors has been retained on an exclusive basis for the sale of 5421 Second Avenue, a unique investment opportunity that may appeal to a variety of purchasers, such as: owner-occupiers, retailers, non-profits and developers. The property is located directly across the street from NYU Langone Hospital and the Calvary Hospital - Brooklyn Campus. Currently, the property is a 2,000 SF, single story retail building that is vacant and offers a total buildable of 6,000 BSF. The previous tenant was a medical group (Lutheran Family Health Centers) that used the space for their offices. The existing layout has eight (8) offices and three (3) bathrooms.
NYU Langone Hospital is currently undergoing a $500 million expansion which is expected to be completed by 2022. The expansion will include the new construction of a 16-bed observation unit adjacent to the emergency department and the Perlmutter Cancer Center at 5718 Second Avenue. At the approval of the expansion project, Dr. Andrew Brotman, NYU Lutheran's Chief Clinical Officer stated "We want to make NYU Lutheran the best hospital in Brooklyn."
The subject property is located just two blocks away from the N & R subway line on 53rd Street and Fourth Avenue as well as a 7 minute walk to the ferry stop at the Sunset Park/Brooklyn Army Terminal Station that offers quick commutes to other areas of Brooklyn, Manhattan, Queens and The Bronx.