HL Dynasty Reality

NOW LEASING: 750-758 4th Avenue Assemblage

July 13th, 2021 at 9:12 pm

Author: HL | Comments Off on NOW LEASING: 750-758 4th Avenue Assemblage



Ideal For:


H.L. Dynasty Real Estate Corp is representing the Buyer of 750 4th Avenue in the Greenwood Heights neighborhood
of Brooklyn. The buyer is a long-time investor in Brooklyn Real Estate and will be fielding offers to lease out
this expansive 25,000 Square Foot, almost entire city block of 4th Avenue frontage property with the R Subway
station directly on the corner.
The up-and-coming neighborhood is seen as one of the more sought-after locations post pandemic for its vast
green space and low-density urban landscape. Our client is currently seeking businesses that would greatly benefit
from a sizeable footprint specifically in the Medical, Child and Adult Day care and Personal Care industries.
Properties Included
1. 758 Fourth Avenue, Brooklyn, New York, 11232
2. 754-756 Fourth Avenue, Brooklyn, New York, 11232
3. 750-752 Fourth Avenue, Brooklyn, New York, 11232
4. 240 24th Street, Brooklyn, New York, 11232
Property Overview
The commercial assemblage is comprised of three adjacent industrial properties featuring loading dock, one
grade-level overhead door, three phase electrical power, concrete slab flooring on both Ground floor and second
floor. Ceiling heights range from 10’ to 13’ on the ground floor, 10’ to 12’ on the second floor, and 7’ in the basement.
750 4th Avenue is set on a 13,360 SF lot allowing with 26,720 Square Feet and an additional 64,128 buildable
square feet as a community facility, bringing the FAR from 2.0 to 4.8. The property is strategically located for a
number of uses including industrial, retail, storage, medical, education or a hybrid of retail and manufacturing. On
the border of buzzing neighborhoods of Park Slope, Greenwood Heights and Sunset Park, the assemblage is on
the same block from the 25th Street R subway entrance as well as under Half a Mile to the on-ramp of the BQE,
providing easy access to Manhattan and beyond. Nearby successful Commercial Developments include Industry
City and Liberty View Plaza, among a plethora of other Brooklyn manufacturers, warehouses, retailers and more.

758 Fourth Avenue – Under Lease Negotiations
Corner of 25th Street 2 Story Prime Retail/Office Opportunity of 3,500 Square Feet. Great space for flagship store
or large profile Office Space with brand new glass front finishing coming soon.

754-756 Fourth Avenue
Two Office Spaces totaling 3,400 SF each with 40 feet of frontage along 4th Avenue. High visibility area with
ground floor exposure, as well as upstairs space for expanded footprint. Can be subdivided in half or 1st and 2nd
floor. Both addresses can be combined to deliver a full 6,800 SF to a tenant if needed with brand new glass front
finishing coming soon.

750-752 Fourth Avenue
Accounting for just over half of the total square footage of the development at 14,200 Square Feet, there is a
unique opportunity to cater to tenants in need of larger space such as Medical Facility, Child Day Care or Senior
Activity Center Tenants. Square footage can also be subdivided to create an office park for different tenants in
same industry.

240 24th Street
Since new rezoning in neighborhood converted much of the industrial space, current industrial space is at a premium.
Ground floor access with a garage is also in demand for tenant accessibility.

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