344-360 37 street - loopnet...located on the south side of 37 th street between gowanus expressway...
TRANSCRIPT
Property Highlights
Property Photo
Property Information
Address: 344-360 37th Street, Brooklyn, NY
Block/Lot: 700/22
Lot Dimensions: 210’ x 100.17’ (approx.)
Lot Square Footage: 21,035 (approx.)
Zoning: M1-2D
Building SF*: 19,250 (approx.)
Use Commercial Facility
FAR: 2 4.8
Buildable Square Feet: 42,070 100,968
Building Dimensions: 185’ x 100’ (approx.)
Assessment (18/19): $727,019
Full Taxes (18/19): $76,439
Tax Class: 4
* Includes approx 35’ x 30’ side extensions * Includes 1,785 sq. ft. lot
Tax Map
Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 344 – 360 37th Street in Sunset Park, Brooklyn. The subject property is a 210’ x 100.17’ M1-2D zoned lot and is currently improved with a 1-story 19,259 SF full building commercial unit. The subject benefits from approximately 42,070 buildable SF for commercial use or 100,968 buildable SF for facility use. Located on the south side of 37th Street between Gowanus Expressway and 4th Avenue, the property benefits from immediate access to the dn & r subway lines, providing a direct commute into Downtown Brooklyn and Lower Manhattan. Additionally, this site is located adjacent to Industry City, a thriving community consisting of 450 companies spanned across 35+ acres. The subject property also benefits from its proximity to Liberty View Shopping Center, a 1.1M SF commercial hub consisting of many strong retail tenants such as Saks off 5th Avenue and Bed Bath & Beyond. 344 – 360 37th Street provides investors with the opportunity to acquire a well-located asset in a growing market.
FOR MORE INFORMATION OR A COMPLIMENTARY OPINION OF VALUE, PLEASE CONTACT:
Michael MazzaraDirector(718) 606 7052
Patrick MadiganAssociate Director(718) 606 7058
Cushman & Wakefield 1 Pierrepont Plaza, Fl. 9, STE. 2 Brooklyn, New York 11201 phone: +1 718 238 8999 nyinvestmentsales.com
Stephen PalmeseVice Chairman(718) 307 6552
James BerlutiDirector(718) 606 7053
james.berluti@ cushwake.com
Stefan SansoneAssociate(718) 307 6517
stefan.sansone@ cushwake.com
37 ST
38 ST
210’
100
.17’ 4 A
VE
NU
E
3 A
VE
NU
E
22
700
FOR SALE
Cushman & Wakefield ©2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
344-360 37th Street Sunset Park, Brooklyn
~210’ x 100’ Development Lot in Sunset Park, Brooklyn
344-360 37th StreetBrooklyn, NY 11232
Neighborhood Overview
Directly adjacent to the subject property is Industry City – consisting of 35+ acres and serves as a thriving center of commerce and local employment. Industry City contains 450 companies ranging from some of the oldest companies in NYC to tech entrepreneurs and design/media companies, all of which have moved to or expanded at Industry City. The hub’s exceptional list of tenants includes mass media giants such as Time Inc., and even professional sport associations such as the Brooklyn Nets. The community prides itself as
an innovation ecosystem, attracting sophisticated tenants and fascinated consumers. Industry City is an ever-growing community and an advantageous attraction for all assets in its proximity.
Just a few blocks north of the subject property is Liberty View Shopping Center, which boasts more then 1.1M SF of space and is home to many large retail tenants including Saks off 5th Avenue, BuyBuyBaby, and Bed Bath & Beyond.
19th Street
5th
Aven
ue
4th
Aven
ue
Prospect Avenue
9th Street
6th
Aven
ue
3rd
Aven
ue
18th Street
17th Street
Beverle
y Roa
d
7th
Aven
ue
Flatbush Avenue
McDonald Avenue
Cato
n AvenueEast 5th Street
Chur
ch A
venu
e
Chur
ch A
venu
e
Chur
ch A
venu
e
3rd
Aven
ue
39th Street
17th Street
Hamilton Avenue
9th Street
20th Street
Oc e an Avenue
Ocean Avenue
Parks
ide A
venu
e
Washington Avenue
Park Circle
Prospect Park Southwest
Fort
Hami
lton P
arkw
ay
19th Street
1st A
venu
e
Bay Street
18th Street
Ocean
Parkw
ay
58th Street
43rd Street
22nd Street
24th Street
26th Street
28th Street
30th Street
8th Street
10th Street
12st Street
14rd Street
16th Street
32nd Street
34th Street
36th Street
38th Street
40th Street
42nd Street
44th Street
46th Street
48th Street
50th Street
45th Street R
36th Street D N R
DNRW
Sunset Park
344-360 37th Street
Liberty View Shopping Center
Liberty View Shopping Center
344-360 37th Street
Cushman & Wakefield ©2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.