132 54th St
Brooklyn, NY 11220
Industrial Property For Sale

35,500 square foot Industrial building and four adjacent tax lots, measuring 10,000 square feet, located along 2nd avenue in the Sunset Park section of Brooklyn, NY. The subject warehouse is built 355 ft x 100 ft, sitting on a 360 ft x 100.17 ft M1-2 zoned lot (Block: 00820 Lot: 0012). The four vacant tax lots combined measure a 100.17 ft x 100 ft M1-2. With an FAR of 2.0, they offer a total of 20,000 buildable square feet as-of-right. The structure features 20 ft ceiling height to the beams, 3 phase power, and 15 ft,12 ft and 18 ft roll up gates with a loading dock. The properties offer an additional 56,620 buildable square fee of undeveloped air rights. The assemblage is located two blocks away from the 53rd Street "R" subway station. Its strategic location in the Southwest Brooklyn Industrial Business Zone and near the BQE and 3rd Avenue thoroughfares makes this property a perfect distribution, last-mile, warehousing, manufacturing or value-add redevelopment in the developing Sunset Park neighborhood where commercial rents and property values remain strong. A purchaser has the opportunity to add value by capitalizing on a vacant building by leasing out the space at market rents and developing remaining 56,620 BSF of undeveloped air rights. The subject properties lie within a qualified opportunity zone.