News: Brokerage

Marks and Hernandez of TerraCRG selected to market sale of 6,875 s/f live/work building

Dan Marks, TerraCRG
Brooklyn, NY TerraCRG has been retained exclusively to sell a live/work building at 87 Luquer St. in Carroll Gardens. Dan Marks, partner and team leader, and Mike Hernandez, associate vice president, are marketing the property. “87 Luquer St. is an incredibly unique asset that provides the opportunity to live and work within the same building in one of the most popular neighborhoods in Brooklyn. We are thrilled to bring this to market and we expect to see a lot of interest from both users and investors alike,” said Marks. The three-story, 6,875 s/f building contains an attractive and unique a façade, making it one of the most recognizable buildings in Carroll Gardens. In addition, it benefits from a certificate of occupancy that allows for a rare combination of uses including semi-industrial on the ground floor, offices on the second and residential on the top. Zoned R6B, the property can also be completely rehabilitated for residential use. Carroll Gardens, a now highly sought-after and dynamic neighborhood, has experienced growth over the last decade. The neighborhood is home to some of the best public schools in Brooklyn, along with numerous parks and playgrounds, making it a popular destination for families and young professionals. The property, 87 Luquer St., is just a few blocks from two amenity-rich streets, Smith and Union Sts. Commonly known as “restaurant row”, Smith St. is filled with trendy and high-end restaurants bars and eateries, while Court Street contains a number of popular local boutiques. The building is in close proximity from the F & G subway lines at both Smith/9th St. and Carroll St. It is also easily accessible by vehicle, providing a quick commute to Manhattan via the Hugh L Carey Tunnel.
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