Bankruptcy Sale_4811 5505 5507 Fifth Ave. Sunset Park_Exclusive Offering Memorandum
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LOCATION OVERVIEW<br />
<strong>4811</strong>, <strong>5505</strong>, & <strong>5507</strong> <strong>Fifth</strong> <strong>Ave</strong>. <strong>Sunset</strong> <strong>Park</strong>, Brooklyn, NY<br />
SUNSET PARK, BROOKLYN<br />
<strong>Sunset</strong> <strong>Park</strong> is one of the last remaining neighborhoods in New York City that has a combination of subway<br />
access, affordable rents and architecturally impressive space.<br />
<strong>Sunset</strong> <strong>Park</strong> provides unparalleled convenient access to major markets such as Manhattan and Downtown<br />
Brooklyn. Tenants have local R line access just a 5-minute walk from the properties at the 45th<br />
Street Subway Station and the 53rd Street Subway Station. Alternatively, 59th Street Subway Station has<br />
the R and the N express line which is only two stops away from the Atlantic <strong>Ave</strong>nue-Barclays Center hub,<br />
which provides access to the D, R, B, Q, 2, 3, 4, 5 lines and the LIRR.<br />
Neighborhood Amenities<br />
Industry City: This 36-acre, six million SF waterfront development is home to designers, manufacturers,<br />
eateries, and the Brooklyn Nets training facility. Industry City has also become a one-stop shop for<br />
discounted high-end furniture, with brands such as Design Within Reach, RH (Restoration Hardware),<br />
ABC Home & Carpet, and Mitchell Gold + Bob Williams all opening outlet stores at the complex in<br />
recent years.<br />
68 | <strong>4811</strong>, <strong>5505</strong> & <strong>5507</strong> <strong>Fifth</strong> <strong>Ave</strong>. <strong>Sunset</strong> <strong>Park</strong>, Brooklyn, NY<br />
<strong>4811</strong>, <strong>5505</strong> & <strong>5507</strong> <strong>Fifth</strong> <strong>Ave</strong>. <strong>Sunset</strong> <strong>Park</strong>, Brooklyn, NY | 69