Connect with us

Hi, what are you looking for?

Jewish Business News

On the Market: Multi-Story Industrial Asset for office, School or Storage facilities

The 52,250-SF block-through Greenwood Heights in Brooklyn is a rare opportunity to redevelop a multi-story industrial asset, said brokerage firm TerraCRG

225 25th Street Brooklyn

The owner of a 52,250-SF block-through Greenwood Heights building hired Brooklyn-focused brokerage firm TerraCRG to market and sell the property.

 

Situated between Fourth and Fifth Avenues, the M1-1D zoned, has frontage on both 25th and 24th Streets and is situated outside the Industrial Business Zone (IBZ). The 145 ft x 200 ft lot is improved by a three-story industrial building, with an additional 6,200 SF useable basement.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

According to TerraCRG this is a rare opportunity to redevelop a multi-story industrial asset as an office project, school and or storage facilities.

225 25th Street is located just a few blocks from Industry City in Sunset Park, one of the fastest growing commercial neighborhoods in New York City, with over 20,000 people currently employed in the manufacturing and industrial sectors.

The surrounding commercial corridors have seen tremendous amounts of development over the last decade including the addition of shopping centers, hotels, restaurants, and cafes.

Just five blocks away from the property is Liberty View Industrial Plaza on 30th Street – a first-of-its-kind indoor retail experience to come to Sunset Park. With 160,000 SF of retail, the plaza has attracted major national tenants such as Bed Bath & Beyond, Buy Buy Baby, and Saks Off Fifth. The Fourth Avenue corridor, just a few blocks away, has been mostly rezoned to residential is home to several large multifamily and condo developments.

The neighborhood’s growth has spurred in large part of its excellent transportation infrastructure.

 

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.