Nowak+Partners of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 245 21st Street. The subject property is a single- story industrial building located between 5th Avenue and 6th Avenue in the Greenwood Heights section of Brooklyn, NY. The subject property is built full on the 20 ft x 85 ft R6A, C2-4 zoned lot.
With the buildings current zoning the property is subject to 5,109 buildable square feet. Currently there is a 1,700 square foot single-story industrial building with an additional 3,409 buildable square feet as-of-right.
Developers, investors and users have the opportunity to purchase this single-story industrial building with significant redevelopment potential in the strong Greenwood Heights neighborhood. The purchaser can capitalize on the close proximity to public transportation as well as the opportunity to capitalize on the additional air rights.