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.