New York 335 Moffat Street - - Sumitomo Real Estate Sales New York

335 Moffat Street

Knickerbocker Avenue & Irving Avenue

Bushwick

Status: Active
Listing ID: OLRS-0076523

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$25,000,000
Studio 1Bath

General Details

Common Charges N/A
RE Taxes $42,528
Maintenance Fee N/A
Ownership Unknown
Building Type Pre-war Low Rise
Floors 1
Year Built 1935
Doorman No -
Bathroom Yes
Washer / Dryer No
Pet Policy Not Allowed

Building Features

Listing Remarks

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.

Japanese Store = Japanese Store



 



 



 

Agent

Sumitomo RES NY

O: 212-596-0800