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135 Jefferson St - Brooklyn Last Mile 2.51 Acres of Commercial Land in Brooklyn, NY 11206
INVESTMENT HIGHLIGHTS
- 109,300 SF lot with an existing 13,886 SF building and large parking component.
- Located in Brooklyn’s last-mile industrial corridor.
- Surrounded by 7.5M people within a 10-mile radius.
- Verizon lease termination allows full site control by Oct 2025.
- Near BQE, LIE, and multiple subway lines (M, J, Z, L).
- Zoned for flexible industrial and semi-retail uses.
EXECUTIVE SUMMARY
lot includes a vacant 13,886-square-foot building, currently leased to Verizon (Verizon submitted their notice of termination October 2024 and have 12 months from that date to
vacate), with the remainder of the lot currently serving as parking. The property is zoned approximately 45.2% M3-1 and 54.8% M1-1, offering a total buildable area of approximately 158,750 square feet. Situated on the border of East Williamsburg and Bushwick, 135 Jefferson Street boasts proximity to major avenues and excellent transportation options, with subway access available via the M, J, Z, and L lines. The area is home to count-less industrial tenants who need close and convenient access to Manhattan and the broader city.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 2.51 AC |
| Property Type | Land | ||
| Zoning | M1-1/M1-3 - Industrial | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Industrial |
| Total Lot Size | 2.51 AC |
| Zoning | M1-1/M1-3 - Industrial |
1 LOT AVAILABLE
Lot
| Lot Size | 2.51 AC |
| Lot Size | 2.51 AC |
industrial site located at 135 Jefferson Street, Brooklyn, NY 11249. This 109,300-squarefoot lot includes a vacant 13,886-square-foot building, currently leased to Verizon.
DESCRIPTION
Located in Brooklyn’s thriving Bushwick/East Williamsburg corridor, 135 Jefferson Street presents a rare last-mile industrial development opportunity on a 2.5-acre lot with 158,750 buildable square feet. The site benefits from split zoning (M1-1 and M3-1), allowing for a broad range of industrial, retail, and semi-industrial uses. A vacant 13,886-square-foot building currently leased to Verizon (lease terminating October 2025) sits on the property, with the remainder used for parking. Positioned within walking distance of the M, J, Z, and L subway lines and just minutes from the BQE and Long Island Expressway, the site offers exceptional connectivity to Manhattan and the broader metro area. The surrounding neighborhood is a dynamic mix of industrial parks, creative businesses, and cultural destinations, including the Brooklyn Navy Yard, Williamsburg Wharf, and the Bushwick Collective. The area is supported by strong demographics, with projected household incomes reaching $127,096 by 2028 and over 1.1 million people employed in Brooklyn. This block-through site offers 551 feet of street frontage across Jefferson Street, George Street, and Central Avenue, enhancing visibility and access. With rezoning-induced scarcity and NYC legislation limiting last-mile warehouse development, this property is well-positioned for long-term value creation in a high-demand industrial submarket.
PROPERTY TAXES
| Parcel Number | 03163-0050 | Improvements Assessment | $2,377,140 CAD |
| Land Assessment | $2,197,968 CAD | Total Assessment | $4,575,107 CAD |
PROPERTY TAXES
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135 Jefferson St - Brooklyn Last Mile
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