Overview

Description

Avison Young, as exclusive agent, is pleased to offer 127 Concord Street, Brooklyn, NY (“Property”) for sale. 127 Concord Street is the latest new construction, 35-Year 421a mixed use asset to be delivered in the Downtown Brooklyn/DUMBO submarket. The building will benefit from the 35-year 70/30 Affordable New York Program. The structure spans 68,026 GSF, and contains 74 total units, of which 73 are residential. The ground floor contains one garage / retail space that is already leased. Residential tenants will benefit from an array of shared amenities, including a furnished rooftop with built in kitchens, an indoor gym, dog run, and game room.

Downtown Brooklyn-DUMBO-Jay Street-Flatbush Avenue

Highlights

• Attractive Location on the Border of DUMBO and Downtown BK
• 70/30 – 35 Year Affordable NY (421a) Tax Exemption
• Opportunity Zone Benefit
• Efficient Layouts to Maximize Commercial and Residential Rents

---