Cleeman Realty Group is pleased to announce the $3,750,000 off-market sale of a redevelopment site along the highly desirable 5th Avenue in Park Slope, Brooklyn. The property is located at 198-200 5th Avenue and consists of 6,300 SF with air rights that could increase the building size to 13,100 SF.
Michael Cleeman represented the seller and buyer in this transaction
“The site was a former restaurant/bar that the owner decided now was the time to retire and sell the building.” said Cleeman, “The buyer is in the construction business and couldn’t pass on the opportunity to own a prime redevelopment site along 5th Ave.”
Cleeman Realty Group is a full-service real estate advisory and investment group, specializing in the investment sales of retail, multifamily and industrial properties throughout the United States. With offices in New York and Florida, the Cleeman Team utilizes deeply rooted industry contacts to identify and evaluate off-market transactions with unparalleled efficiency. To sell your property or to inquire about our available acquisition opportunities, please contact one of our team members at cleeman.com