402 Eastern Pky
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402 Eastern Pky
57,840 SF Specialty Building Offered For Sale in Brooklyn, NY 11225
Investment Highlights
- C of O allows for a school use as of right
- Prime Corner in Crown Heights on Eastern Parkway and Bedford Avenue
- Delivered Vacant
Executive Summary
Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 402 Eastern Parkway in the Crown Heights neighborhood of Brooklyn (the “Property”). The 16,720 SF lot is improved by a 3-story 57,840 SF block through building that was last occupied by W.E.B Dubois High School. The Property sits on the block cap of Eastern Parkway, Bedford Avenue and Union Street and boasts 72’ of frontage on Eastern Parkway along with 189’ of frontage on Bedford Avenue and 109’ of frontage on Union Street.
The Property will be delivered vacant, allowing for immediate occupancy, conversion, or redevelopment of the space. The property is also steps away from the Franklin Avenue- Medgar Evers College subway station serviced by the 2 3 4 & 5 trains.
The Offering represents the outstanding opportunity to invest in a blank slate repositioning or redevelopment opportunity in Crown Heights right next to the Brooklyn Botanical Gardens & the Brooklyn Museum. For non-profit users the Property offers an opportunity to operate a school, cultural program, or neighborhood community center with enriching after school programs.
All inquiries should be directed to Cushman & Wakefield.
The Property will be delivered vacant, allowing for immediate occupancy, conversion, or redevelopment of the space. The property is also steps away from the Franklin Avenue- Medgar Evers College subway station serviced by the 2 3 4 & 5 trains.
The Offering represents the outstanding opportunity to invest in a blank slate repositioning or redevelopment opportunity in Crown Heights right next to the Brooklyn Botanical Gardens & the Brooklyn Museum. For non-profit users the Property offers an opportunity to operate a school, cultural program, or neighborhood community center with enriching after school programs.
All inquiries should be directed to Cushman & Wakefield.
Property Facts
| Sale Type | Investment or Owner User | Lot Size | 0.44 AC |
| Property Type | Specialty | Building Size | 57,840 SF |
| Property Subtype | Schools | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1916/2008 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 57,840 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1916/2008 |
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Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 01267-0001 | Improvements Assessment | $4,482,072 CAD |
| Land Assessment | $297,108 CAD | Total Assessment | $4,779,181 CAD |
PROPERTY TAXES
Parcel Number
01267-0001
Land Assessment
$297,108 CAD
Improvements Assessment
$4,482,072 CAD
Total Assessment
$4,779,181 CAD
zoning
| Zoning Code | C8-2 (Commercial/manufacturing. Heavy commercial services that often require large amounts of land.) |
| C8-2 (Commercial/manufacturing. Heavy commercial services that often require large amounts of land.) |
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Josh Neustadter -
Jon Squires -
Austin Weiner -
Michael Kolbus -
Cushman & Wakefield
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402 Eastern Pky
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