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Development Opportunity in Greenpoint 234 Banker St 21,500 SF Industrial Building Brooklyn, NY 11222 $38,705,799 CAD ($1,800.27 CAD/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	$38,705,799 CAD	Lot Size	0.70 AC
Price Per SF	$1,800.27 CAD	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	$38,705,799 CAD
Price Per SF	$1,800.27 CAD
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

1 1

Exceptionally walkable

100/100

Fairly drivable

40/100

Exceptional public transit

100/100

Very bikeable

80/100

Source: Local Logic^®

Property Taxes

Parcel Number	02615-0006	Improvements Assessment	$2,067,040 CAD
Land Assessment	$198,861 CAD	Total Assessment	$2,265,901 CAD

Property Taxes

Parcel Number

02615-0006

Land Assessment

$198,861 CAD

Improvements Assessment

$2,067,040 CAD

Total Assessment

$2,265,901 CAD

(718) 497-4170

Contact

Michael Levy
Michael & Steven Levy Realty

Listing ID: 27849069
Date on Market: 2023-02-28
Last Updated:
Address: 234 Banker St, Brooklyn, NY 11222

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