335 Moffat Street, #BuildingLoading

Townhouse For Sale Brooklyn, Brooklyn

Web ID # OLRS-0076523

Listed: 06/18/2019

Days on Market: 1796 days

$25,000,000

24,000 ft2 Approx. $1,042 per ft2 1 Baths

Mortgage Est: $.../month


Townhouse For Sale Brooklyn, Brooklyn

Web ID # OLRS-0076523

Listed: 06/18/2019

Days on Market: 1796 days


24,000 ft2 Approx. $1,042 per ft2 1 Baths

Monthly Mortgage Est.: $.../month

  Listing Courtesy of Compass

  Nathan Horne


Buyer's Agent

Gea Elika

 212-590-0540

  [email protected]

Inquire about 335 Moffat Street, #Building


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Description

Compass has been retained on an exclusive basis to arrange the sale of 335-349 Moffat Street, a 24,000 SF warehouse on a 28,000 SF lot on the Bushwick/Ridgewood border. With the Bushwick re-zoning, the property will have 84,000 BSF as of right in a quickly appreciating area.


Previously used as an ice house, 335 Moffat is a brick warehouse with 23-30 FT ceilings and floor-to-ceiling loading doors. The developer completed preliminary work for development/renovation e.g. structural beams and a stabilized roof.


As shown by the attached architect's zoning analysis, the best possible use for the property would be to utilize the additional FAR in order to create a 130,000+ GFA building. It is not in an Industrial Business Zone, allowing many different uses including storage, office, industrial, cold storage, retail, and event space. There is additional FAR available using the FRESH bonus or with neighboring air rights. The Phase I and Phase II have been completed and the site is ready for development.


Please reach out for further information. All real offers considered. Co-brokers welcome at a 3% split.

*Note: Neighboring lots' air rights (54k as of right with lots and air rights; 36k just air rights) can be combined with the deal for a total buildable of 138k SF as of right.

Highlights

  • Pets Allowed

Building Information

  • Building Type: Walk-up
  • Year Built: 1935

Closing Costs

Map

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