Development Opportunity in Greenpoint 234 Banker St 21,500 SF Industrial Building Brooklyn, NY 11222 $28,000,000 ($1,302.33/SF)

INVESTMENT HIGHLIGHTS

  • Redevelopment can be built up to 5 stories and 135,000 Sf.
  • Four drive in's, heavy power, and clear height is substantial
  • Property has FAR 5 rating.
  • RARE INVESTMENT OPPORTUNITY IN GREENPOINT

EXECUTIVE SUMMARY

Price Reduction! Over 22,000 square foot.
RARE INVESTMENT OPPORTUNITY IN GREENPOINT. ** FAR (FAR 5) ALLOWS MULTIPLE STORIES. CORNER PROPERTY.
Exception opportunity for Redevelopment. Additional 2,000 SF mezzanine office space.

PROPERTY FACTS

Price $28,000,000
Price Per SF $1,302.33
Sale Type Investment or Owner User
Sale Conditions
High Vacancy Property
  • Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.70 AC
Rentable Building Area 21,500 SF
No. Stories 2
Year Built 1957
Tenancy Single
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 4

AMENITIES

  • Mezzanine
  • Signage
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (86)
Bike Score®
Biker's Paradise (96)

PROPERTY TAXES

ZONING

Zoning Code M1-5 (M1 - districts typically include light industrial uses, such as woodworking shops, repair shops, and wholesale service and storage facilities.)
  • Listing ID: 27849069

  • Date on Market: 2/28/2023

  • Last Updated:

  • Address: 234 Banker St, Brooklyn, NY 11222