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12 Franklin St
Brooklyn, NY 11222
Waterfront Development Site · Office Property For Sale
Investment Highlights
- WATERFRONT COMMERCIAL DEVELOPMENT SITE: Fully Approved ULURP includes two special permits and inclusion in Industrial Business Incentive Area
- RETAIL/COMMERCIAL REPOSITIONING OPPORTUNITY: Existing ~30,500 sq. ft. building was previously home to multiple bar/ eateries, a music recording studio
- UNOBSTRUCTED EAST RIVER VIEWS & ADJACENT TO BUSHWICK INLET PARK: The property offers protected and unobstructed views across the East River spanning f
- ATTRACTIVE SCALE: The plans specify a total of 134,222 sq. ft. broken down by 22,370 sq. ft. of Required Industrial Uses, 55,926 sq. ft. of Incentive
- WORLD-CLASS LOCATION: The property is situated at the intersection of Williamsburg & Greenpoint surrounded by major residential and mixed-use developm
Property Facts
Property Type
Building Size
167,995 SF
Building Class
B
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
23,999 SF
Building FAR
6.03
Lot Size
0.64 AC
Zoning
M1-2 - Industrial Business Incentive Area
Property Taxes
| Parcel Number | 02614-0003 | Improvements Assessment | $1,464,750 |
| Land Assessment | $499,500 | Total Assessment | $1,964,250 |
Property Taxes
Parcel Number
02614-0003
Land Assessment
$499,500
Improvements Assessment
$1,464,750
Total Assessment
$1,964,250
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