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Development Opportunity in Greenpoint 234 Banker St 21,500 SF Industrial Building Brooklyn, NY 11222 $28,000,000 ($1,302.33/SF)

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Investment Highlights

Redevelopment can be built up to 5 stories and 135,000 Sf.
Four drive in's, heavy power, and clear height is substantial

Property has FAR 5 rating.
RARE INVESTMENT OPPORTUNITY IN GREENPOINT

Executive Summary

Price Reduction! Over 22,000 square foot.
RARE INVESTMENT OPPORTUNITY IN GREENPOINT. ** FAR (FAR 5) ALLOWS MULTIPLE STORIES. CORNER PROPERTY.
Exception opportunity for Redevelopment. Additional 2,000 SF mezzanine office space.

Property Facts

Price	$28,000,000	Lot Size	0.70 AC
Price Per SF	$1,302.33	Rentable Building Area	21,500 SF
Sale Type	Investment or Owner User	No. Stories	2
Sale Conditions	High Vacancy Property Redevelopment Project	Year Built	1957
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse	No. Dock-High Doors/Loading	1
Building Class	C	No. Drive In / Grade-Level Doors	4
Zoning	M1-5 - M1 - districts typically include light industrial uses, such as woodworking shops, repair shops, and wholesale service and storage facilities.

Price	$28,000,000
Price Per SF	$1,302.33
Sale Type	Investment or Owner User
Sale Conditions	High Vacancy Property Redevelopment Project
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	0.70 AC
Rentable Building Area	21,500 SF
No. Stories	2
Year Built	1957
Tenancy	Single
No. Dock-High Doors/Loading	1
No. Drive In / Grade-Level Doors	4
Zoning	M1-5 - M1 - districts typically include light industrial uses, such as woodworking shops, repair shops, and wholesale service and storage facilities.

Mezzanine

Signage

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Walk Score®

Walker's Paradise (91)

Transit Score®

Excellent Transit (83)

Bike Score®

Biker's Paradise (96)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

Property Taxes

Parcel Number	02615-0006	Improvements Assessment	$1,506,150
Land Assessment	$144,900	Total Assessment	$1,651,050

Property Taxes

Parcel Number

02615-0006

Land Assessment

$144,900

Improvements Assessment

$1,506,150

Total Assessment

$1,651,050

(718) 497-4170

Contact

Michael Levy
Michael & Steven Levy Realty

Listing ID: 27849069
Date on Market: 2/28/2023
Last Updated:
Address: 234 Banker St, Brooklyn, NY 11222

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