Prime Industrial Location: Situated in the heart of Greenpoint, Brooklyn with direct access to major transit corridors and the Brooklyn-Queens Expressway.
Large Lot & Building Size: Features a 20,000 SF building on a 20,000 SF lot with 18-20′ ceiling heights and 200′ x 100′ dimensions.
Flexible Zoning: Zoned M1-1, allowing for a variety of industrial, commercial, and creative uses.
Development Potential: As-of-right commercial FAR of 1.00 and community facility FAR of 2.40, offering up to 48,000 buildable SF.
Strong Demographics: Over $959M in consumer spend within 1 mile and a 2025 estimated population of 61,667 in the immediate area.
Proximity to Amenities: Close to McCarren Park, Greenpoint Terminal Market, and a vibrant mix of retail and dining options.
Stable Tax Structure: 2025/2026 assessed taxes at $74,658, or $3.73 per SF.
Single-Story Warehouse: Efficient layout with one story and no upper floors, ideal for logistics or last-mile distribution.
Strategic Investment Opportunity: Located in a neighborhood prioritized for industrial retention and adaptive reuse.