Closed 12/16/2016

10,000 SF Vacant Commercial Building

155 20th Street

Sunset Park

Closed 12/16/2016 at
$3,300,000 | $330 per SF

Zoning M1-2D
Lot Size 50 ft x 101.5 ft
Lot SF 5,075
Gross Building SF 10,000
Stories 2
Cross Streets Third & Fourth Avenues
Subways
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Industrial/Office 155 20th Street, Sunset Park
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Dan Marks
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Details

Block-Lot 636-50
Building Class F9

Overview

TerraCRG has been retained to exclusively represent ownership in the sale of the vacant commercial property at 155 20th Street in Sunset Park, Brooklyn.

Located between Third and Fourth Avenues, the vacant commercial building is approximately 10,000 SF over two stories, with 50 feet of frontage on 20th Street. The property is currently being used as a creative office/light manufacturing workshop and would be ideal for a user looking to move or expand their business into a privately-owned building in Sunset Park. The property also presents an opportunity for investors looking to acquire a commercial property in one of the fastest growing submarkets in New York City.

The M1-2D zoned property is comprised of 5,000 SF of lowerl level workshop space and 5,000 SF of office and workshop space on the upper level. The building features one drive in door, nine skylights and a fully functioning/permitted spray booth.

The neighborhood’s growth has spurring in large part of its excellent transportation infrastructure. The Gowanus Expressway, which hovers above Third Avenue, provides easy and quick access to Manhattan and New York’s outer boroughs. The neighborhood is also accessible at almost all points via the R, D and N trains. The property is easily accessible via the R train at Prospect Avenue, only four blocks away.

Attractions

Sunset Park is one of the fastest growing commercial neighborhoods in New York City, with over 20,000 people currently employed in the manufacturing and industrial sectors. Sunset Park has quickly become a hub for growing zoned areas.

Industry City
Liberty View Industrial Plaza
Greenwood Park
Prospect Park

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