Eastern Consolidated’s Retail Leasing Division Retained To Lease Former Theater In Bam Cultural District

8/26/17

-- Unique opportunity to take over entire building at 40 Greene Avenue in Fort Greene, offering a community user approximately 9,000SF that can be expanded to 14,000SF –

Eastern Consolidated’s Retail Leasing Division has been tapped to lease a unique flagship opportunity in the heart of the BAM Cultural District at 40 Greene Avenue in Fort Greene, Brooklyn. The landmarked building, which previously housed the Paul Robeson Theater, offers a community user approximately 9,000 square feet that can be expanded to 14,000 square feet.

Exclusive brokers Brad Cohen, Senior Director; Jon Kamali, Associate Director; and Alex Geisinger, Associate Director, are handling the assignment on behalf of the owner.

“This property is zoned for community use and would be ideal for a nonprofit, educational facility, medical user, or a cultural institution that seeks a performance space in the BAM Cultural District,” Cohen said. “It’s a short walk to the Brooklyn Academy of Music, Mark Morris Dance Center, Theatre for a New Audience, and dozens of other cultural institutions that make up this vibrant district.”

Located between Carlton Avenue and Adelphi Street in Fort Greene, the property was built in 1864 for use as a church and converted to a theater in 1980.

“The building’s impressive Romanesque Revival architecture, stained glass windows, and soaring ceiling heights reflect its origins as a 19th Century church,” Kamali said. “The owner also has approved plans to expand the square footage to three floors and 14,000 square feet.”

Geisinger continued, “In addition to being surrounded by an abundance of cultural institutions, 40 Greene Avenue is near popular local restaurants on Lafayette Avenue and Fulton Street, national retailers at the Atlantic Terminal Mall, and one of the world’s top entertainment and sports venues, the Barclays Center.”

Transportation is easily accessible on the nine subway lines that converge at Atlantic Avenue/Barclays Center.

Eastern Consolidated

Powered by a highly skilled team of over 100 brokers with a fluency in 15 languages, Eastern Consolidated is one of the country’s preeminent full-service commercial real estate firms. Through three core divisions—Investment Sales, Capital Advisory, and Retail Leasing—Eastern Consolidated serves an impressive roster of international and domestic institutional and private investors on real estate transactions of all sizes and across all property types. For more information, visit www.easternconsolidated.com and follow us on Twitter @EasternConsol.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.