Prime Greenwood Heights Development Opportunity | Single Story Industrial Building

245 21st St, Brooklyn, NY

$1,500,000

Price

1,700 sqft

Lot Area

$294

Price Per Sqft

Overview
Lot Area
1,700 sqft
Price Per Sqft
$294
Zoning
R6A, C2-4
Description

Nowak+Partners of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 245 21st Street. The subject property is a single story industrial building located between 5th Avenue and 6th Avenue in the Greenwood Heights section of Brooklyn, NY. The subject property is built full on the 20 ft x 85 ft R6A, C2-4 zoned lot (Block: 00891 Lot: 0075).

With the buildings current zoning the property is subject to 5,109 buildable square feet. Currently there is a 1,700 square foot single-story industrial building with an additional 3,409 buildable square feet as-of-right.

Developers, investors and users have the opportunity to purchase this single-story industrial building with significant redevelopment potential in the strong Greenwood Heights neighborhood. The purchaser can capitalize on the close proximity to public transportation as well as the opportunity to capitalize on the additional air rights

Highlights
  • Prime Greenwood Heights Development Opportunity
  • Total of 5,109 Buildable SF as-of-right
  • Single Story Industrial Building with additional 3,409 Buildable SF
  • 20 Feet of Frontage to 21st Street
  • Located Five Blocks away From Prospect Avenue and 25th Street "R" Subway Station
  • Steps from 5th Avenue Retail Corridor
Documents
Title
Offering Memorandum
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Location
Gallery