TerraCRG has announced the sale of the industrial building at 250 Green Street in Greenpoint, Brooklyn. Dan Marks, Daniel Lebor and Garrett Allen have closed the deal at $5,750,000.
TerraCRG represented the seller, Kingston Green Street LLC, and the buyer, Gotham Drywall Inc., was represented by Mat Diana of DY Realty.
Located within an opportunity zone, the M1-1/M3-1-zoned property is a two-story 11,822 s/f building. There are 6,678 s/f of air rights available allowing to maximize the gross buildable s/f to 18,500. There is also a courtyard in the center of the building that can be accessed via several egresses.
The property is just a short distance from the Greenpoint Avenue G train stop. It is also near the Pulaski Bridge to Long Island City and BQE, providing access to Manhattan and Queens.