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G site has potential.

Massey Knakal Realty Services has been retained to arrange the sale of 4802-4822 New Utrecht Avenue, the original G & Sons shopping center in Boro Park, Brooklyn. The asking price is $9,250,000.

4802-4822 New Utrecht Avenue is a sprawling site with commercial, residential and mixed-use possibilities. The site has 180 feet of frontage on New Utrecht Avenue between 48th and 49th Streets and contains a full loading bay. It was occupied by G & Sons for more than 30 years before it became a National Wholesale Liquidators site. Currently, the 51,000 s/f site is vacant.

"The sheer size and scope of the property give any owner, user or developer one of the rarest opportunities in Boro Park," said Massey Knakal broker Jason Maier, the exclusive agent on the sale.
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Publication:Real Estate Weekly
Date:Nov 5, 2008
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