423 88th St 186,071 SF Retail Building Brooklyn, NY 11209 For Sale

Jones Lang LaSalle (“JLL”) has been exclusively engaged to facilitate the sale of 423 88th Street (the “Property”) in Bay Ridge, Brooklyn. The Property is situated block-through on 87th Street to 88th Street, between 4th and 5th Avenues. As currently constructed, the 186,071 square-foot structure contains 62,792 square-feet of commercial space spread across three floors as well as 123,729 square-feet of parking spread across six stories and two roof decks. The first floor ceiling height is 22 1/2' ft., and the second floor ceiling height is 18' ft. The parking is currently operating and contains 279 spots, which can be increased to 342 through restriping. 423 88th Street offers investors a wide breadth of optionality with its large floor plates and on-site parking.
The Property is located within one block of the R Train, offering immediate connectivity to all of Brooklyn and Manhattan and just one mile from the Brooklyn Queens Expressway, Belt Parkway, and Verrazano Bridge, facilitating convenient travel to Staten Island and beyond. Additionally, multiple bus lines, as well as the Bay Ridge Landing ferry terminal provide direct access to Manhattan, and parts of Brooklyn and Queens.