Morningstar Capital pleased to present these properties for sale! Please contact us for other investment opportunities.
99 Avenue A
Building can be expanded by +/- 100,000 square feet.Lab space available as well as an above ground food grade tank farm. Land area includes 18 acres is upland, 17 acres is riparian totaling 35 acres. There are 200 trailer positions and over 150 employee parking spaces. There is a total of 25,000 square feet of office, 12,500 sf on the first floor which includes a conference area along with office space. The second floor with 12,500 sf, includes office space, cafeteria and locker rooms. There is a separate maintenance facility and POWER is 5KV for the building.
3 Sutton, 5 Sutton, 661 Meeker, 667 Meeker
These four buildings are located in the heart of Greenpoint, an up-and-coming neighborhood, that is following closely in the footsteps of Williamsburg. With the PPSF and rental in Williamsburg skyrocketing over the last couple years, Greenpoint has become the new Mecca for young professionals and artists with limited income. As the neighborhood becomes more popular more retail and restaurants move in to cater to the growing population. At ROI of 4.2% and $474/sf this package is an unmatched deal in this fast growing neighborhood.
The subject property is an 89,500 buildable square foot development site with 200’ feet of frontage located at the corner of4th Avenue and 19th Street in Greenwood Heights. The site will be delivered with DOB approved plans for 91 residential units, 6,300 square feet of retail, 1,400 square feet of community facility space and 5,488 square feet of parking.6 units are currently allocated to affordable housing in order to recognize the approved FAR premium. To qualify for the 80/20 tax abatement an additional 12 units must be allocated to affordable housing. Ideally situated just south of Park Slope, Greenwood Heights shares many of the same amenities while representing its own unique character and sense of community.