Overview

TerraCRG has been exclusively retained in the sale of the commercially zoned properties at 750 Fourth Avenue in Sunset Park, Brooklyn. The commercial assemblage is comprised of three adjacent industrial properties with the option to expand the assemblage further with the neighboring multifamily building at 246 24th Street. The commercial properties are vacant.

The existing 25,000 square foot building currently features an interior loading dock, one grade-level overhead door, three phase electrical power, concrete slab flooring on both ground floor and second floor, and a freight elevator that goes from the basement to the second floor. Ceiling heights range from 10’ to 13’ on the ground floor, 10’ to 12’ on the second floor, and 7’ in the basement.

750 Fourth Avenue is set on a 13,360 SF lot allowing for 26,720 gross ZFA, or 64,128 ZFA as a community facility, bringing the FAR from 2.0 to 4.8. The property is strategically located for a number of uses including industrial, retail, storage, medical, education or a hybrid of retail and manufacturing making this a great opportunity for investors, developers and users alike.

On the border of buzzing mixed-use neighborhoods, Greenwood Heights and Sunset Park, the  assemblage is across the street from the 25th Street R subway entrance as well as the on-ramp to the BQE, providing easy access to Manhattan and beyond. Nearby successful commercial projects include Industry City and Liberty View Plaza, among a plethora of other Brooklyn manufacturers, warehouses, retailers and more.