52,000 SF Block-Through Commercial Building
225 25th Street
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TerraCRG has been retained to exclusively represent ownership in the ground lease or sale of 225 Twenty-Fifth Street in the Greenwood Heights section of Brooklyn, between Sunset Park and Park Slope.
Situated between Fourth and Fifth Avenues, the M1-1D zoned, block-through property has frontage on both 25th and 24th Streets and is situated outside the Industrial Business Zone (IBZ). The 145 ft x 200 ft lot is improved by a 52,250 SF three story industrial building, with an additional 6,200 SF useable basement. This is a rare opportunity to redevelop a multi-story industrial asset as an office project, school and or storage facilities.
225 Twenty-Fifth Street is located just a few blocks from Industry City in Sunset Park – one of the largest office developments in the borough. 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 businesses
The property is easily accessible via the R train at the 25th Street station located on the block, the Prospect Expressway and the BQE, which hovers above Third Avenue, provides access to Manhattan and New York’s outer boroughs. The neighborhood’s growth has spurred in large part of its excellent transportation infrastructure.
The surrounding commercial corridors have seen tremendous amounts of development over the last decade including the addition of shopping centers, hotels, restaurants, and cafes. Just five blocks away from the property is Liberty View Industrial Plaza on 30th Street, a first-of-its-kind indoor retail experience to come to Sunset Park. With 160,000 SF of retail, the plaza has attracted major national tenants such as Bed Bath & Beyond, Buy Buy Baby, and Saks Off Fifth. The fourth avenue corridor just a few blocks away has been mostly rezoned to residential is home to several large multifamily and condo developments.