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81 WILLOUGHBY STREET, 8TH FLOORBROOKLYN, NY 11201
718.935.1800CPEXRE.COM
EAST WILLIAMSBURG INDUSTRIAL SITE FOR SALE OR LEASE
1074-1086 Grand Street Brooklyn, NY 11237
C P E X R E A L E S TAT E2
CPEX Real Estate has been exclusively hired to market for sale or lease 1086 Grand Street, a 22,875 square foot industrial site in East Williamsburg. The site is located on Grand Street and the Newtown Creek between Morgan and Varick Avenues. There is currently a 3,375 square foot two-story building in the rear portion of the lot. The site is zoned M3-1 with approximately 45,000 buildable square feet for commercial or manufacturing use.
Property Overview
Asking Price: $7,000,000
1074-1086 Grand Street Brooklyn, NY 11237
Property Information
Property Features
Ideal Uses
Investment Highlights
ADDRESS: 1074-1086 Grand Street
LOCATION: Between Morgan Ave & Newtown Creek
BLOCK_LOT: 2942_44
BUILDING CLASS: E9
STORIES: 2
BUILDING DIMENSIONS: 25’ x 45’
BUILDING SIZE: 3,375 SF
LOT DIMENSIONS: 80 x 213.17’
LOT SIZE: 22,875 SF
ZONING: M3-1
COMMERCIAL FAR: 2.00
ASSESSMENT (17/18): $271,710
TAXES (17/18): $28,568
TAX RATE (17/18): 10.514%
- 80 feet of street frontage on Grand Street- Fenced and paved
- Logistics- Parking- Fabrication- Heavy equipment- Containers- Scaffolding
- Automotive- Construction- Lumber- Retail services- Entertainment
- Uptrend of industrial pricing in NYC- Property will be delivered vacant, presenting a perfect opportunity for end-users, investors or developers- Opportunity to build modern logistics space on ground floor and flex office space above- Located in between two of New York City’s fastest growing neighborhoods, Bushwick and East Williamsburg, amongst Brooklyn’s growing creative and technology office market- The property is located in an Industrial Business Zone (IBZ) which provides economic benefits for businesses operating in the area
C P E X R E A L E S TAT E 3
1074-1086 Grand Street Brooklyn, NY 11237Asking Price: $7,000,000
Tax Map
Land Use Map
Varick Avenue
Gra
nd S
tree
t
John
son
Aven
ue
Morgan Avenue
Newton Creek
C P E X R E A L E S TAT E4
Asking Price: $7,000,000
1074-1086 Grand Street Brooklyn, NY 11237
Daily Vehicular Traffic Count
GRAND STREET/METROPOLITAN AVENUE INTERSECTION: 16,000
MORGAN AVENUE/GRAND STREET INTERSECTION: 9,400
GRAND STREET/VANDERVOORT AVENUE: 9,400
Neighborhood Highlights
GALLERIES/MUSEUMS EATING/DRINKING ESTABLISHMENTS EVENT SPACES/STUDIOS
The Chimney NYC Roberta's Sunnyvale
Studio 201 NYC House of Yes The Paper Box
John Doe Ichiran The Anchor Inn
Storefront Ten Eyck Sea Wolf Chemistry Creative
Idio Gallery The Rookery Bar Shio Studio
ArtHelix The Johnson's HQPixel
Vessel Schamonchi The Sampler Bushwick Fitzcarraldo Projects
Isidro Blasco Desi Grill The Umbrella Factory
1074-1086 Grandstreet
Transportation
C P E X R E A L E S TAT E 5
1074-1086 Grand Street Brooklyn, NY 11237Asking Price: $7,000,000
Cultural Hub of East Williamsburg
The property is located next to approximately 350,000 square feet of property owned by PepsiCo, along with National Grid’s nearby 5.1 million square foot property. The property is also in proximity to two major distribution centers, including an 807,000 square foot UPS and a 122,000 square foot FedEx Ship Center.
Just south of the property, East Williamsburg has plenty to offer in terms of galleries, museums, dining, event spaces and studios.
The sense of change is palpable in the largely industrial areas of Bushwick and East Williamsburg, two diverse neighborhoods south and east of central Williamsburg. Buildings splashed with vibrant street art stand alongside factories that make everything from plastic bags to wontons and tortillas. The bustle of creativity in evidence here brings an inevitable tension, but also represents a major resurgence for an area that rose high in the 19th century as a center of glass, chemical, and beer production but then experienced a 20th-century decline whose low points included widespread rioting and looting during New York City’s July 1977 blackout.
Neighborhood
C P E X R E A L E S TAT E6
CPEXRE.COM81 WILLOUGHBY STREET, 8TH FLOOR, BROOKLYN, NY 11201 P: 718.935.1800
All information contained herein was provided by or obtained from the owner of the property or from sources that we deem rel iable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. It is strongly urged that the prospective tenant carefully verify each item of size. RE Taxes, permitted legal use, and other information presented herein.
1074-1086 Grand Street Brooklyn, NY 11237Asking Price: $7,000,000
Please contact exclusive agents for additional information
Development & Conversion Sales Team
Brian T. LearyManaging [email protected]
Justin [email protected]
Jidan KimAssociate [email protected]
ASKING PRICE$7,000,000
81 WILLOUGHBY STREET, 8TH FLOOR | BROOKLYN, NY 11201 718.935.1800 | WWW.CPEXRE.COM
INVESTMENT SALES | LEASING | ACQUISITIONS | ADVISORY
Serv ing Rea l Estate & Bus iness Owners S ince 2008
