7 Bushwick Plz | Brooklyn, NY 11206
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- LoopNet Team
7 Bushwick Plz
Brooklyn, NY 11206
7 Bushwick Place · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Long-term lease (2032) to institutionally backed Manufacturing and Distribution tenant - Occupancy since 2004; NN lease; Subsidiary of CJ Group (AA-)
- Access to major truck routes - minutes from BQE, LIE, and Williamsburg Bridge
- Inflation protected lease at greater of 2% or CPI
- State-of-the-art food distribution facility - Major capital expenditure to outfit the space with complex tenant-specific infrastructure
- 1 block from L Train at Montrose Avenue Station
- Growing demand for industrial product in North Brooklyn
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 3 |
| Property Subtype | Warehouse | Year Built | 1920 |
| Building Class | B | Tenancy | Single |
| Lot Size | 0.83 AC | Clear Ceiling Height | 14’ |
| Rentable Building Area | 84,518 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | M1-1, Brooklyn - M1-1 zoning in New York City is a light manufacturing district that allows for manufacturing, commercial, and community facility uses. | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.83 AC |
| Rentable Building Area | 84,518 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Tenancy | Single |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M1-1, Brooklyn - M1-1 zoning in New York City is a light manufacturing district that allows for manufacturing, commercial, and community facility uses. |
UTILITIES
- Heating - Gas
PROPERTY TAXES
| Parcel Number | 03056-0074 | Improvements Assessment | $2,295,450 |
| Land Assessment | $490,500 | Total Assessment | $2,785,950 |
PROPERTY TAXES
Parcel Number
03056-0074
Land Assessment
$490,500
Improvements Assessment
$2,295,450
Total Assessment
$2,785,950
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