Price Per Unit
$10,950,000
Gross SQFT
22,400
Property Type
Industrial
LEAD LISTING AGENT
Email
dj.johnston@matthews.com
License No.
10401225168 (NY)
Direct
+1 (718) 701-5367
Mobile
+1 (914) 584-7422
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- Owner-User Opportunity: Property will be delivered vacant at closing, presenting a great opportunity for an owner-user.
- Well-Suited for Diverse Uses: Strategically positioned next to the L-train line in an industrial zone bordering a desirable residential area, this property offers exceptional versatility. Its highest and best use ranges from a destination music venue or creative studio space to heavy manufacturing and logistics operations.
- Significant Frontage: 380’ of wraparound corner frontage on Moffat Street and Irving Avenue.
- Side Yard: A 56’ x 100’ portion of the lot is vacant land, providing off-street parking, space for outdoor storage, and/or room for expansion (5,600 SF additional air rights, M1-1).
- Loading Dock: The building has three drive in doors, two of which would need to be reinstated.
- Redevelopment Opportunity: Outside the IBZ district, leaving the door open for residential rezoning.
- Transportation Accessibility: Within 2 blocks of the L-train at Wison Avenue, offering access to North Bushwick, Bedford Avenue and Union Square, all within 25 minutes.
Broker of Record
- Cory Rosenthal
- License No. 10991237833 (NY)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203