NEW YORK CITY—Kalmon Dolgin Affiliates, Inc. has been named the exclusive sales agent for 5714-5728 1st Ave., a 100,000 square-foot commercial building on the waterfront of Brooklyn's Sunset Park neighborhood, GlobeSt.com has learned EXCLUSIVELY. Adjacent to the Brooklyn Army Terminal, the three-story building is leased to multiple short term tenants and can be delivered vacant.
Kalmon Dolgin Affiliates broker Gary Mayzlin is the broker handling the exclusive listing. “The property represents a value-add opportunity for investors and users to reposition this unique property and meet the large demand for commercial space in the area,” he says.
The property can accommodate a variety of uses, including office space, high-tech spaces, labs, media production, healthcare, self-storage and others. The neighborhood is undergoing a transformation from a strictly industrial area to that of a creative work environment, and is becoming home to a number of companies relocating from Manhattan and the boroughs.
Located just three blocks from the N and R subway lines, the Brooklyn Queens/Gowanus Expressway and the Belt Parkway, 5714-5728 1st Ave. is accessible from all five boroughs of the city and Long Island. The building offers views of New York Harbor and the Manhattan skyline.
Kalmon Dolgin Affiliates, through its subsidiary, KND Management Co., Inc., operates a portfolio of over six million square feet of industrial, office, medical and retail space in ten states.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
