Listed by Matthews
$2,950,000
824 Humboldt Street
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 6,000
Price per SqFt $492
Lot Size (SqFt) 6,000
Zoning M1-1
Prime Greenpoint Warehouse with Redevelopment Potential and Flexible Zoning
Investment highlights
- Prime Greenpoint Location: Situated in the heart of Greenpoint, Brooklyn, offering excellent access to major transit corridors and the Brooklyn-Queens Expressway.
- Flexible Zoning: M1-1 zoning allows for a wide range of industrial, commercial, and creative uses, supporting adaptive reuse and redevelopment.
- Development Potential: As-of-right commercial FAR of 1.00 and community facility FAR of 2.40, with up to 14,400 buildable SF for community facility use.
- Strong Demographics: Over $959M in total consumer spend within a 1-mile radius and a 2025 estimated population of 61,667 within 1 mile.
- Robust Infrastructure: Benefit from recent infrastructure upgrades, environmental remediation, and proximity to public transit including the G train and ferry.
- Single-Story Warehouse: 6,000 SF building with 16-18' ceiling heights and 60' x 100' lot dimensions, ideal for logistics, last-mile, or creative production.
- Tax Efficient: Tentative real estate taxes for 2025/2026 are $25,813, equating to $4.30 per SF.
- Investment Opportunity: Located in a neighborhood prioritized by NYC for industrial retention and adaptive reuse, supporting long-term value.
Listing Contacts
Listed by Matthews
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