6
Exclusive Sale Offering Memorandum ____________________________________ 67 Engert Avenue | Brooklyn, NY Greenpoint Christopher Cavorti Licensed Associate Real Estate Broker 914.804.7091 [email protected] Evan F. Church Licensed Associate Real Estate Broker 917.684.0663 [email protected] Marvin Chu Licensed Associate Real Estate Broker 718.685.9430 m[email protected]

Exclusive Sale Offering Memorandum · existing structure is a two-story warehouse ~ 2,250 SF per floor, with two garage doors and 12' + high ceilings. Greenpoint is the premier destination

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Exclusive Sale Offering Memorandum · existing structure is a two-story warehouse ~ 2,250 SF per floor, with two garage doors and 12' + high ceilings. Greenpoint is the premier destination

Exclusive Sale Offering Memorandum

____________________________________

67 Engert Avenue | Brooklyn, NY

Greenpoint

Christopher Cavorti

Licensed Associate

Real Estate Broker

914.804.7091

[email protected]

Evan F. Church

Licensed Associate

Real Estate Broker

917.684.0663

[email protected]

Marvin Chu

Licensed Associate

Real Estate Broker

718.685.9430

[email protected]

Page 2: Exclusive Sale Offering Memorandum · existing structure is a two-story warehouse ~ 2,250 SF per floor, with two garage doors and 12' + high ceilings. Greenpoint is the premier destination

67 Engert Avenue | Brooklyn, NY 11222

Purchase Price: $3,600,000

Executive Summary:

Where X Marks the Spot on the cusp of Greenpoint Prime & Williamsburg Northside! The prime Parkside offering on

67 Engert Avenue is an extraordinary opportunity to build a Commercial, Residential or Mixed-Use property on a

rare corner Lot, one block from McCarren Park. For all developers, investors and end-users, it is the Brooklyn

Dream!

The corner lot measures 24’8” X 91’6”. With M1-2/R6A, MX-8 zoning, the development possibilities are endless:

boutique condominium or rental project, multifamily, or the Parkside Single-Family residence of your dreams. The

existing structure is a two-story warehouse ~ 2,250 SF per floor, with two garage doors and 12' + high ceilings.

Greenpoint is the premier destination in Brooklyn, offering a diverse selection of restaurants, coffee shops and

trendy retail stores - all within the vicinity. It just does not get any better...surrounded by some of the densest, most

expensive commercial, residential real estate in the country and housing limitless expendable income. The

property's central location just several blocks from the Nassau Avenue G subway line, both Graham Avenue and

Bedford Avenue L subway stations and easy access to the Brooklyn-Queens Expressway.

All information should be independently verified with your architect and engineer.

All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be

correct, it is presented subject to errors, omissions, changes or withdrawal without notice.

Page 3: Exclusive Sale Offering Memorandum · existing structure is a two-story warehouse ~ 2,250 SF per floor, with two garage doors and 12' + high ceilings. Greenpoint is the premier destination

67 Engert Avenue | Brooklyn, NY 11222

Property Information:

General Information

Address & Neighborhood: 67 Engert Avenue AKA 45-53 Eckford Street Block & Lot: 02698-0037 Neighborhood: Greenpoint Valuation & Property Taxes: Tax class: 4 Property Taxes: $ 13,305 Lot: Lot sq. ft.: 2,258 SF Lot dimensions: 24’8” X 91’6” Corner lot: Yes Buildings on lot: 1 Building: Building class: (F5) Factory – Light Manufacturing Landmark: N/A Approximate Gross Sq. ft.: +/- 4515 SF Building dimensions: 24’8” X 91’6” Stories: 2 Year built: 1890 Certificate of Occupancy: No

Use: Commercial units: 1 Approximate Factory sq. ft.: +/- 4515 SF Approximate sq. ft. per floor: +/- 2,257 SF Zoning: District code: M1-2/R6A, MX-8 Floor Area Ratio (FAR): FAR as built: 2.0 Commercial FAR: 2.0 (according to 43-12) Community Facility FAR: 3.0 (according to 24-11) Resi FAR: 2.7 (Max permitted FAR 3.6 with Inclusionary Housing Bonus According to sections 123-63, 23-154) R6A FAR: 3.0 Max FAR depends on several factors including zoning, location and use. A Zoning Analysis by a licensed professional should be performed to verify the max far for the property is accurate.

All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be

correct, it is presented subject to errors, omissions, changes or withdrawal without notice.

Page 4: Exclusive Sale Offering Memorandum · existing structure is a two-story warehouse ~ 2,250 SF per floor, with two garage doors and 12' + high ceilings. Greenpoint is the premier destination

67 Engert Avenue | Brooklyn, NY 11222

Certificate of Occupancy

All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be

correct, it is presented subject to errors, omissions, changes or withdrawal without notice.

Page 5: Exclusive Sale Offering Memorandum · existing structure is a two-story warehouse ~ 2,250 SF per floor, with two garage doors and 12' + high ceilings. Greenpoint is the premier destination

67 Engert Avenue | Brooklyn, NY 11222

Property Survey

All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be

correct, it is presented subject to errors, omissions, changes or withdrawal without notice.

Page 6: Exclusive Sale Offering Memorandum · existing structure is a two-story warehouse ~ 2,250 SF per floor, with two garage doors and 12' + high ceilings. Greenpoint is the premier destination

67 Engert Avenue | Brooklyn, NY 11222

Exclusively Marketing Through

The Forray Team at The Corcoran Group

Christopher Cavorti

Licensed Associate

Real Estate Broker

914.804.7091

[email protected]

Evan F. Church

Licensed Associate

Real Estate Broker

917.684.0663

[email protected]

Marvin Chu

Licensed Associate

Real Estate Broker

718.685.9430

[email protected]

“Real Estate with Results”