Development/Redevelopment in Bushwick
373-379 Knickerbocker Avenue
Bushwick
Closed 02/16/2022 at
$6,200,000 | $377 per SF
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718-285-9367
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Overview
TerraCRG has been retained to exclusively represent ownership in the sale of 373-379 Knickerbocker Avenue, three mixed-use buildings located in Bushwick, Brooklyn.
The properties provide an excellent opportunity for a rehab with addition or possible ground-up development. The three existing buildings total approximately 16,553 SF and are zoned C4-3, permitting up to 25,330 BSF for a mixed-use development. All properties are vacant apart from the 99¢ Store, whose lease expires end of 2021.
Attractions
Knickerbocker Avenue is known as one of the best retail corridors in Brooklyn and these properties are situated in the most prime section of the avenue. The buildings are also just three blocks from Maria Hernandez Park, Bushwick’s largest and most popular public park where residents enjoy shaded open space with access to a playground, basketball court, handball court and fitness equipment. Convenient subway access is just a few blocks away at the Knickerbocker Avenue (M) and the Dekalb Avenue (L) stations