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51-53 Lexington Ave
Clinton Hill, Brooklyn | Grand Ave & Classon Ave
Development Site
$1,375,000
$1,375,000
Updated 11 years ago
Off Market

51-53 Lexington Ave

Clinton Hill, Brooklyn | Grand Ave & Classon Ave

Development Site

$1,375,000
floors2
Lot Size50'x100'
ZoneR6-B
Building TypeDevelopment Site
RE Taxes$13,945

Building Amenities

  • Voice Intercom
  • Elevator

Property Description for 51-53 Lexington Ave

The subject property is a 7,500 SF building that is classified as a (F9) Factory. The left side of the building is 25’ x 100’ on the first floor and 25’ x 50’ on the second floor. The right side of the building is 25’ x 75 on the first and second floors. The owner currently occupies the building and operates a commercial bakery. The property will be delivered vacant.
The residential zoning allows for conversion to multifamily or single family residence.

Listing History for 51-53 Lexington Ave

Now
03/21/2011
POM by Stephen Palmese
Cushman & Wakefield
01/12/2011
$1,375,000
Initial Price by Stephen Palmese
Cushman & Wakefield
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Building Details for 51-53 Lexington Ave

OwnershipDevelopment Site
Building TypeDevelopment Site
Service LevelVoice Intercom
AgePost-War
Year Built1950
Floors2
Learn More About the Building

Transit and Citi Bike

Subway

Classon Av
0.15 miles
Clinton-Washington Avs
0.35 miles
Clinton-Washington Avs
0.38 miles
Bedford-Nostrand Avs
0.41 miles
Franklin Av
0.41 miles

Citi Bike

Lexington Ave & Classon Ave
0.05 miles
Monroe St & Classon Ave
0.17 miles

Contact Agents

Contact Agents

Stephen Palmese
Cushman & Wakefield
Winfield Clifford
Cushman & Wakefield

Clinton Hill | Brooklyn

Quick Profile

Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.

The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.

New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 31575TH
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