1878 Eastern Parkway, Brooklyn, NY 11233 ASKING PRICE

1878 Eastern Parkway, Brooklyn, NY 11233

❑ Development Opportunity Consisting of 18,000 Buildable Square Feet in the Heart of Ocean Hill Neighborhood of Brooklyn ❑ The Property is a Two-Story Commercial Building ❑ Property delivered vacant

ASKING PRICE: $ 2,250,000

PPBSF: $125 Investment Highlights

Asset CRG Advisors, LLC has been exclusively retained to market 1878 Eastern Parkway, a Development Opportunity in the Ocean Hill neighborhood of Brooklyn.

The property is situated on a 6,000 square foot lot and consists of 7,841 building square feet. The property has a total of 18,000 buildable square feet. The property is located between Atlantic Avenue & Herkimer Street. Site

The property is well positioned with great access to public transportation. It is steps away from Broadway Junction

The New York City Economic Development Corporation unveiled a proposal to reimagining Broadway Junction as a major transit hub in East Brooklyn. It is designated to improve Broadway Junction: transit access and equity; inclusive growth; economic and workforce development; active places and neighborhood amenities; and public realm and open space.

Ownership has set the asking price at $18782,250 Eastern,000 Parkway. Presented by Asset CRG Advisors, LLC Brooklyn, NY 11233 A Full Service Commercial Real Estate Company Overview

Property Analysis

1878 Eastern Parkway Address Brooklyn, NY 11233

Block/Lot 1571/5

Town Ocean Hill

Cross Streets Atlantic Avenue & Herkimer Street

Stories 2

Lot Size 60’ x 100’

Lot SF 6,000 SF

Building Size 20’ x 100’

Building SF 7,841 SF

Zoning R6

F.A.R. (As Built) 3.0 (1.31)

Built 1924

Buildable 18,000 SF

Tax (2020) $28,662

1878 Eastern Parkway Presented by Asset CRG Advisors, LLC Brooklyn, NY 11233 A Full Service Commercial Real Estate Company Property Photos

1878 Eastern Parkway Presented by Asset CRG Advisors, LLC Brooklyn, NY 11233 A Full Service Commercial Real Estate Company Map

1878 Eastern Parkway Presented by Asset CRG Advisors, LLC Brooklyn, NY 11233 A Full Service Commercial Real Estate Company Aerial

1878 Eastern Parkway Presented by Asset CRG Advisors, LLC Brooklyn, NY 11233 A Full Service Commercial Real Estate Company Confidentiality Disclaimer

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Asset CRG Advisors, LLC (“AssetCRG”) and should not be made available to any other person or entity without the written consent of AssetCRG. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. AssetCRG has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, AssetCRG has not verified, and will not verify, any of the information contained herein, nor has AssetCRG conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

1878 Eastern Parkway Presented by Asset CRG Advisors, LLC Brooklyn, NY 11233 A Full Service Commercial Real Estate Company 1878 Eastern Parkway, Brooklyn, NY 11233

❑ Two- Story Development Opportunity Consisting of 18,000 Buildable Square Feet in the Heart of Ocean Hill Neighborhood of Brooklyn ❑ Property is delivered vacant

PLEASE CONTACT EXCLUSIVE ADVISOR: ASKING PRICE: $ 2,250,000

Samiel Harouni Licensed Real Estate Salesperson Price per Buildable [email protected] SF: Mobile: (516) 734-1020 $125 Broker Cooperation is Welcome!