Cushman & Wakefield has been retained on an exclusive basis to collect proposals for 50 Woods Place in the Flatbush neighborhood of Brooklyn (the “Property”). The 11,692 SF lot is located between Snyder Avenue and Erasmus Street and boasts 100’ of frontage on Woods Place.
The Property will be delivered vacant, allowing for immediate occupancy or redevelopment. The Property has a 2.0 Commercial FAR allowing for up to 23,384 zoning square feet of commercial space, and a 4.80 Community Facility FAR allowing for up to 56,122 zoning square feet of community facility space. Additionally, the site is eligible to receive approximately 52,252 ZSF of air rights from the neighboring property at 2245 Bedford Avenue, which is owned by the Property owner.
50 Woods Place is only a 10-minute walk to the B and Q trains at corner of Church Avenue and East 18th Street and is also a 10-miunte walk to the 2 and 5 trains at the corner of Church and Nostrand Avenues.
The Offering represents an outstanding opportunity to invest in a blank slate repositioning or development opportunity in Flatbush.
All inquiries should be directed to Cushman & Wakefield.
