124 Stuyvesant Avenue, Brooklyn, NY, USA

CLOSED:  Cell At Auction LLC is pleased to offer the opportunity to acquire a Verizon Site Lease easements in Brooklyn, New York. As one of Brooklyn’s most eclectic neighborhoods, Stuyvesant Heights is a quaint urban neighborhood that boasts diversity, an abundance of mass transit, and historic charm. Located in the heart of Brooklyn, New York, this neighborhood houses some of the borough’s most historic brownstones and grand apartment buildings. The Verizon lease was entered into May 5, 2015.  The initial  annual rent was $28,200 paid monthly with 3% annual increases.   The initial term was for five years with four (4) additional five year terms. There have been 3% annual increases.   The current monthly rent is $3,066.22.   There is no Right of First Refusal.  Offers should be submitted in the form of an executable Letter of Intent. 

The Property address is: 124 Stuyvesant, Brooklyn, New York.  

Sealed Bid Deadline:  December  17, 2026

Current Annual Rent:    $36,794.64

Burton Blinick, Licensed Illinois Real Estate Managing Broker and Auctioneer in Cooperation with Israel Fisher, License New York Broker.