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Development Opportunity in Greenpoint 234 Banker St

21,500 SF Industrial Building Brooklyn, NY 11222 $28,000,000 ($1,302/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
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02615-0006
Land Assessment
$144,900
Improvements Assessment
$1,499,850
Total Assessment
$1,644,750

zoning

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

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