Closed 05/06/2016

15,992 BSF

84 14th Street

Gowanus

Closed 05/06/2016 at
$2,600,000

Buildable SF 15,992
Zoning M2-1
Lot Size 91 ft x 87.87 ft
Cross Streets Second Avenue & Third Avenue
Subways
f
g
r
Other Transportation
Hugh L. Carey Tunnel, Brooklyn Queens Expressway
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Development 84 14th Street, Gowanus
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Ofer Cohen
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Details

Block-Lot 1039-20
Building Class Z9
Lot SF 7,996
FAR 2.0

Overview

The M2-1 zoned vacant lot is approximately 7,996 SF with a gross buildable of approx. 15,992 SF. The property is located between Second and Third avenues on a block with both residential and commercial buildings.

Transportation access is exceptional with easy access to the Hugh L. Carey Tunnel, Brooklyn Queens Expressway (BQE) and the F,G,R trains at the 9th Street Subway Stations, only a few blocks away. Because of the visibility and transportation options, the property is ideal for a variety of commercial uses including creative office, fitness and workshop/warehouse space.

Over the last decade Gowanus has been transforming from a heavy industrial neighborhood to a revitalized office, retail, restaurant and residential destination. While parts of the neighborhood sit within the proposed rezoning area, this property is protected from any future residential rezoning and would remain commercial. Within walking distance to this property are a number of national and local retailers and restaurants such as; Lowe’s Home Improvement, Harbor Freight Tools, Pathmark, Subway, Dunkin’ Donuts, Checked, Surfish Bistro, Lowlands Bar and LaQuinta Inn & Suites.

Overall, the Brooklyn real estate market has seen tremendous growth over the last few years. Brooklyn has become one of the most popular places to live, work and invest. To these new Brooklyn residents, Brooklyn is not merely an affordable alternative to Manhattan – to them- it’s a destination. This demographic is often the talent pool for tech companies, creative agencies and boutique finance firms. Recently, tech companies and creative service firms have committed to Brooklyn yo be close to the new talented work force that has been drawn to Brooklyn’s different neighborhoods.

Attractions

The Gowanus Canal corridor is an area that has grown, and continues to grow, as a productive, jobs-generating center of economic activity. Since 1997 there has been over a 25 percent increase in the number of industrial firms and current estimates suggest that there are roughly 3,000 jobs in Gowanus industrial sector businesses. Gowanus has seen a tremendous transformation over the last few yeas with many condo developments and a robust brownstone sales market.

Whole Foods Supermarket
Ample Hills Creamery
Dinosaur Bar-B-Que
Brooklyn Boulders
Royal Palms Shuffleboard
Gowanus Fitness
The Green Building

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