Closed 12/16/2015

Residentially-Zoned Commercial Building – ~16,058 BSF

283 Greene Avenue

Clinton Hill

Closed 12/16/2015 at
$6,010,000

13,279 Existing SF
16,058 Gross BSF
2 Stories
R6B Zoning
Between Grand Avenue and Classon Avenue
Subways
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Development 283 Greene Avenue, Clinton Hill
Melissa Warren
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Details

Block 1952
Lot 43
Lot Size 75' x 108.33'
Approx. Lot SF 8,029
FAR 2.00
Building Class F4
1st Floor SF 8,029
2nd Floor SF 5,250

Overview

TerraCRG has been retained to exclusively represent ownership in the sale of the residentially-zoned commercial building at 283 Greene Avenue in Clinton Hill.

Located between Grand Avenue and Classon Avenue, the industrial property is zoned R6B, and has an existing two-story, 13,279 SF structure and an additional 2,779 SF of air rights and 16,085 BSF.

The property can be converted into residential lofts or re-positioned as an owner/user residential or office building, in one of the most sought after sections of Clinton Hill. The building is surrounded by boutique residential developments and in very close proximity to Pratt Institute.

The existing office/storage building is currently configured as storage and light manufacturing on the ground floor with renovated offices on the second floor. There are three drive-in garage openings on the ground floor with existing curb cuts.

The property is also only three blocks from Fulton Street, one of Brooklyn’s prime commercial corridors, where the A and C trains are running. The G train is only two blocks away from the property at the corner of Lafayette Avenue and Classon Avenue.

Attractions

Clinton Hill is centrally located between Downtown Brooklyn’s Fort Greene, Barclays Center/Atlantic Terminal and brownstone rich Bedford-Stuyvesant. The neighborhood is anchored by Pratt Institute’s 25 acres and is continuously growing with new retail and residential developments to meet the demands of families, young professionals, artists and students that are attracted to the neighborhood. Pratt is recognized as one of the best art, design and architecture collegs in the northeast and has an enrollment of almost 5,000 students from more than 60 countries and all 50 states.

Pratt Institute
Barclays Center

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