Documents
Enter the "Deal room" for exclusive documents related to this property.
Attributes
Year Built | 2000 |
Building Area Gross |
|
Occupancy | 100.0 % |
Asset Description
Jones Lang LaSalle has been retained on an exclusive basis to arrange for the sale of 100 Livingston Street, an approx. 13,000 SF commercial building featuring 50’ of frontage on the south side of Livingston Street in Downtown Brooklyn, NY.
Investment Highlights
100 Livingston Street represents an opportunity to acquire a fully leased asset in an established market that continues a rapid rate of growth. The Property is ideally located near the Brooklyn courts, Brooklyn Law School, Borough Hall & key municipal agencies such as the NYC Buildings Department as well as the NY State Disability Office -- all key value drivers for office tenants, especially those in the field of medicine, law, or construction.
100 Livingston is centrally located between Brooklyn Heights and Downtown Brooklyn and offers a unique opportunity to capitalize on Downtown Brooklyn’s influx of office, hotel and retail developments that are set to have a $10.7 billion economic impact over the next decade. Downtown Brooklyn is home to a variety of headquarters for a rapidly diversifying tenant base, which includes traditional users in the financial services, government, and not for-profit sectors, as well as creative, startup, and technology companies excited about the submarket’s unique composition and mass transit connectivity.
Downtown Brooklyn boasts the greatest density of subway lines anywhere in the Boroughs. The property is within 5 blocks of 13 subway lines, providing quick access to Downtown and Midtown Manhattan. 100 Livingston is a single block away from the Borough Hall 4/5 train entrance and only 2 blocks from Jay Street/Metro Tech A/C/F. Atlantic Avenue-Barclay’s Center /LIRR can also be reached within 10 minutes.