Commercial Building in Greenpoint
250 Green Street
Greenpoint
Closed 11/18/2019 at
$5,750,000 | $486 per SF
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718-768-6888
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Google MapsOverview
TerraCRG has been retained to exclusively represent ownership in the sale of the commerical building at 250 Green Street in Greenpoint, Brooklyn.
Located within an opportunity zone, the M1-1/M3-1-zoned property is a two-story 11,822 SF building. There are 6,678 SF of air rights available allowing to maximize the gross buildable SF to 18,500. There is also a courtyard in the center of the building that can be accessed via several egresses. The building is best suited for a creative users such as breweries, art gallery/ studios, restaurants/bars, film production, etc. or for an investor looking for a commercially zoned property in one of the fastest growing submarkets in New York City.
Attractions
250 Green Street is advantageously positioned in a commercial pocket comprised of makers, distributors, office conversions, and movie production studios including Broadway Stages just across the street. The building is in one of North Brooklyn’s most popular areas to live, work, and play, as seen by the explosion of development in the last five years. The partially completed Greenpoint Landing will bring ~8,100 units to the area upon completion. Nearby active commercial corridors are McGuiness Boulevard, Manhattan Avenue and Franklin Street, which are lined with popular cafés, restaurants, boutique shops, galleries and bar/cocktail lounges.
The property is just a short distance from the Greenpoint Avenue G train stop, bringing in an annual ridership of 2,934,770. It is also near the Pulaski Bridge to Long Island City and BQE, providing easy access to Manhattan and Queens.