145 18th Street, Brooklyn, NY 11215

South Slope, Brooklyn, New York 11215

Listing ID Number

25326

Property Description

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale or lease of a commercial building with development potential in Greenwood Heights, Brooklyn.

145 18th Street is located on the north side of 18th Street and runs block-through to 17th Street between 3rd and 4th Avenues in the Greenwood Heights neighborhood of Brooklyn. The lot dimensions are irregular and measure 75’ x 200’. There is an improved, single-story brick warehouse on the property with the same dimensions that measures 16,577 SF. The property is located in an M1-2D zoning district which has a 2.0 FAR and allows for 33,154 BSF of commercial development. The M1-2D zoning district also has a community facility FAR of 4.8 which would allow for a community facility development up to 79,569 BSF. 145 18th Street has three curb cuts and two roll gates along with a handful of sky lights on the roof. The property is currently owner occupied by a manikin manufacturing company and will be delivered vacant upon sale.

Situated between two major creative hubs, Gowanus and Industry City, Greenwood Heights has come to offer a mix of retail destinations including, Costco, Home Depot, Lowe’s, Petco, ABC Carpet & Home, and DWR. 145 18th Street is located just one block away from the Prospect Avenue subway station (R), is serviced by both the B37 and B63 bus routes, and is situated at the intersection of the Gowanus and Prospect Expressways. 145 18th Street is Greenwood Height’s premier commercial investment or development opportunity.

Overview

Building Type:Industrial
Location:Located between 3rd and 4th Avenues running block-through from 17th to 18th Streets
Lot Dimensions:75' x 200.22'
Lot Sq Ft:16,577
Buildable Sq. Ft:33,154
Stories:1
Units:1
Zoning:M1-2D
FAR:2.00
Tax Year:2017/2018
Assessment Value:$371,880
Taxes:$38,190
Building Sq Ft:16,577

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Winfield Clifford
Senior Director
(718) 606 7054
winfield.clifford@cushwake.com

William Barrett
Senior Associate
(718) 606 7047
william.barrett@cushwake.com


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Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.