54-60 N 11th St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
54-60 N 11th St
25,000 SF Industrial Building Brooklyn, NY 11249 $27,000,000 ($1,080/SF)
Investment Highlights
- 5 minutes walk to the L-Train at Bedford Avenue | 2 Blocks from McCarren Park
- Located right next to the Arlo Williamsburg and many other hotels
Executive Summary
• 225’ x 100’ on N 11th between Kent Avenue and Wythe Avenue | Additional Contiguous 25’x 100’ One Story Property on N 10th Street
• 26,109 of Existing SF Delivered Vacant | 25,000 SF of Lot Area | 50,000 Total Buildable SF As of Right | Zoned M1-2
• 120,000 Buildable SF via Community Facility bonus or going through the ULURP process to get a special permit (i.e. 25 Kent Avenue)
• Offer in place for at least $120,000 per year in signage income | Offer from one of the largest Media Companies in the world
• Ability to Re-develop Existing buildings and utilize the total buildable SF for commercial or hospitality use
• Located right next to the Arlo Williamsburg along with other world-class hotels like the Hoxton, William Vale, and the Wythe Hotel
• 100’ from the soon to be brand new portion of Bushwick Inlet Park which will stretch from N 9th all the way to Quay Street in Southern Greenpoint
• 5 minutes walk to the L-Train at Bedford Avenue | 2 Blocks from McCarren Park
• Retail Rents in the area are between $70 to $80 PSF for larger spaces
• Flourishing Area that is becoming the Epi-center for tourism and entertainment for all of NYC
• 26,109 of Existing SF Delivered Vacant | 25,000 SF of Lot Area | 50,000 Total Buildable SF As of Right | Zoned M1-2
• 120,000 Buildable SF via Community Facility bonus or going through the ULURP process to get a special permit (i.e. 25 Kent Avenue)
• Offer in place for at least $120,000 per year in signage income | Offer from one of the largest Media Companies in the world
• Ability to Re-develop Existing buildings and utilize the total buildable SF for commercial or hospitality use
• Located right next to the Arlo Williamsburg along with other world-class hotels like the Hoxton, William Vale, and the Wythe Hotel
• 100’ from the soon to be brand new portion of Bushwick Inlet Park which will stretch from N 9th all the way to Quay Street in Southern Greenpoint
• 5 minutes walk to the L-Train at Bedford Avenue | 2 Blocks from McCarren Park
• Retail Rents in the area are between $70 to $80 PSF for larger spaces
• Flourishing Area that is becoming the Epi-center for tourism and entertainment for all of NYC
Property Facts
Amenities
- Restaurant
- Signage
- Waterfront
1 of 1
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (89)
Bike Score ®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 02295-0009 | Improvements Assessment | $862,200 |
| Land Assessment | $337,500 | Total Assessment | $1,199,700 |
PROPERTY TAXES
Parcel Number
02295-0009
Land Assessment
$337,500
Improvements Assessment
$862,200
Total Assessment
$1,199,700
zoning
| Zoning Code | M1-2 (Retail and Commercial) |
| M1-2 (Retail and Commercial) |
-
Mike Salvatico -
Joseph Koicim -
John Lopez -
Power Broker Shaun Riney -
Marcus & Millichap
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
54-60 N 11th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.