1519 DECATUR STREET BUSHWICK / RIDGEWOOD

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1 119 CU BUH / IG

2 PPY FU ocation: Block & ot: 341/1 ot imensions: 11' x 60 ot F: 30,30 Building imensions: 106' x 60 tories: 3 Year Built/enovated: 199/017 Zoning: 1-4 F:.0 H BX FCY // 119 CU ewly enovated ~63,0 entable F Commercial Property Featuring etail and ffice Components n the northwest corner of ecatur treet and Irving venue otal Buildable F 60,700 xisting Gross F 3,10 vailable ir ights 7,0 ssessment (17/18): $1,90,010 axes (17/18): $01,436 tax map schaefer street quare footage overview entable ffice F* etail F* otal F 1st Floor,47 3,9 8,701 nd Floor 3,97 7,4 30,84 3rd Floor 3,713-3,713 otal,78 10,474 63,6 * 7% oss Factor irving avenue decatur street IG P: $,000,000 B 341 wyckoff avenue

3 H BX FCY // 119 CU PPY escription Cushman & akefield has been retained on an exclusive basis to arrange for the sale of the Box Factory, a 3-story, 63,0 rentable square foot commercial/office property located along ecatur treet and Irving venue on the border of idgewood, Queens and Bushwick, Brooklyn. he Box Factory recently underwent a more than $6 million gut renovation transforming the building into a contemporary commercial/office property that will greatly enhance this thriving corridor. ocal demand for modern, creative office space has been robust as tenants that have been priced out of illiamsburg and owntown Brooklyn are following the train further east. he Box Factory offers a variety of potential reconfiguration opportunities and could target a single end user. verall, the building includes approximately,78 rentable square feet of commercial/office space across the 1st, nd and 3rd floors as well as 10,474 square feet of commercial space. he current configuration comprises full floor office units ranging from 3,700 to,00 square feet that can easily be divided into smaller separate units to accommodate multiple tenants. he commercial component, which stretches across the 1st and nd floors, offers a designated entrance featuring approximately 0 of frontage along ecatur treet and is designed for a café, restaurant or wine bar that would service the building as well as the surrounding community. uccessful neighboring F&B establishments include owadays YC, Houdini s itchen, Bushwick Coffee & Juice Bar, Vintage ine arehouse and Bridge & unnel Brewery. he property s unique location along the border of idgewood and Bushwick offers tenants accessibility to anhattan as well as some of Queens and Brooklyn s most popular submarkets. ransportation options abound the property with the train only blocks away at Halsey treet providing access to Bedford venue in illiamsburg in 1 minutes and Union quare in anhattan in just 0 minutes. In addition, the train is just one stop away at the yrtle-yckoff venues station offering additional subway options into anhattan and Brooklyn. he overall progression of the area as a viable commercial destination has in turn spurred residential development and drawn new businesses. Just as adjacent neighborhoods such as Bushwick and illiamsburg have benefited from unprecedented growth across all asset classes, idgewood is on the cusp of a similar transformation. ew ownership will also benefit from tax savings through a 1-year P abatement that is expected to be in place by the end of 017. he Box Factory is a unique opportunity for an investor and/or user to capitalize on the insatiable demand for creative office space in one of the most up and coming submarkets of Queens and Brooklyn at significantly below replacement cost. he Box Factory is a unique opportunity for an investor and/or user to capitalize on the insatiable demand for creative office space in one of the most up and coming submarkets of Queens and Brooklyn at significantly below replacement cost. 3

4 Investment Highlights ver $6 illion building renovation completed in Fall of 017 ntirely new common areas, bathrooms, pantry and HVC system in common spaces remendous light and air through new oversized windows, double height lobby and 1 to 18 ceilings pportunity to establish a F&B operator to service a modern creative office redevelopment Variety of potential office configurations ranging from small prebuilt spaces to full floor units bility to utilize outdoor space for both office and retail ubstantial incentives for tenants relocating from anhattan 1-year P abatement is expected to be in place by the end of H BX FCY // 119 CU

5 C V C P U FF 1 U P C U C be 11 3 P U 9 I U Greenpoint I B anhattan illiamsburg idgewood B Y Bushwick Bedford-tuyvestant HI J B Z P. 9 B V PCIF Y H PCIF 78 knollwood park B C FI C U PH C G G G CH U FF C Y G VI G UG H U YC I P FU UP 3 P VG P C U PI I B Y P I BU H 1 C 8 BV G H J G P 6 CY CHU H CH U CHC PCIF I C 6 V Y IG BIB G 6 H C V Y IV I C G H QU F P C U V G 8 C U I VI P Y IG G U C U I I F 6 C 10 4 V H C C U C Y B I P P BU Y H G I U 7 BY H H UGH C 7 H BX FCY // 119CU I G I G P B I C I J FF 7 B G 10 C 1 G C H G V I VI I G P B I I PU Y H V BU H CY P HC UG C PH PCH H G V H HI PCIF JFF C CY CHU Y Y H IG H HC BIB B H P FI G C H P C Y G CH U V G JFF B HI B I Y V PU I FF 1 minutes to williamsburg 0 minutes to manhattan 8 minutes to jamaica I B H H HI P H HI C H H H P B H G UYV I Y BU H XIG V X B C PCIF PH I Y H I G QUY UYV G P V Y G G U V BU PCH I G V X B C B Y FY UYV YC I Z CIU B I B I VI Bridge and tunnel brewery houdini kitchen laboratory nowadays bushwick Coffee House retail brooklyn1 greens Bridge and unnel Brewery Houdini itchen aboratory bombay kitchen owadays angela s3bakery 4 Bushwick Coffee House & Juice Bar jimmy s pizza Brooklyn Greens a win xin6 kitchen Bombay itchen ngela s Bakery cross fit7 bridge & tunnel Jimmy s Pizza evil twin8 brewery J Xin Z itchen 9 in industry at s Hardware lorimoto11artcrossfit gallery Bridge & unnel broadway stages film studio queens brewery at s hardware father best FU knows FU outine Bushwick B PU Y C I Z U F H Y P UYV H etail ap U Y H I P BU F Y H JF B H G U U I H Y V U Y C B V V Y G C B U I I U U GH Y BY H F H F C H J F I

6 10-8 Irving venue, Queens (cenario B-Prebuilts) - Floor 1 : rea Categories H BX FCY // 119 CU floor plans 1 st Floor ,47 sf 101 3,9 10 sf tore rea Building Common rea ffice rea Floor Common rea on-entable rea 6

7 10-8 Irving venue, Queens (cenario B-Prebuilts) - Floor : rea Categories H BX FCY // 119 CU nd Floor CUY CUY BI sf,948 0Bsf 10 ZZI 01 3,97 sf 4,97 sf 0 ZZI tore rea Building Common rea ffice rea Floor Common rea on-entable rea tore rea 7 Building Common rea ffice rea Floor Common rea on-entable rea

8 H BX FCY // 119 CU 3 rd Floor 301 3,479 sf tore rea Building Common rea ffice rea Floor Common rea on-entable rea 8

9 For ore Information, Please Contact: IG P: $,000,000 obert nakal Chairman (1) dj johnston irector (718) Jonathan Hageman xecutive anaging irector (1) george d ambrosio irector (1) george.dambrosio@cushwake.com thomas donovan vice chairman (718) 1 66 tom.donovan@cushwake.com Cushman & akefield 7 adison ve, 3rd Fl ew York, Y phone: nyinvestmentsales.com