GOWANUS COMMERCIAL BUILDING FOR SALE 127 12TH STREET, BROOKLYN, NY 11217 FOR SALE ASKING PRICE
$14,500,000
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PROPERTY FEATURES Location
Located on the north side of Street between 2nd and 3rd Avenue
Block / Lot
1020 / 52
Lot Dimensions
175’ x 100’
Lot Size
17,500 SF
Building Dimensions
154’ x 96’ 2 plus basement
Stories
2nd 1st
PROPERTY HIGHLIGHTS 12th
Floor
13,062.5 SF
Floor
14,962.5 SF
Basement
13,062.5 SF
Total Gross SF (approx.)
41,087.5 SF
Zoning
M2-1
FAR
2.00
Assessment (16/17):
$716,523
Taxes (16/17):
$55,089
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127 12 Street is located on the north side of 12 street between 2 and rd 3 Avenues in the Gowanus neighborhood of Brooklyn. The property measures 175’ x 100’ and is currently zoned M2-1. A two-story, 41,088 SF building (including full basement) exists on the property, which is th owner occupied by Cameo Metal Products. 127 12 Street benefits from a 25-year ICIP exemption and is in year 9. Additionally, the property has 18’ ceilings, 4 loading docks, 4 curb cuts, a DOT designated loading zone, a duel fuel and gas system, a duel sprinkler system, and new sewer lines and windows. The property will be delivered vacant upon sale. th
127 12 Street is situated within the South Brooklyn Industrial Business th Zone and is in close proximity to the 9 Street (F,G,R) and Prospect Avenue (R) subway stations as well as the Gowanus Expressway. As the th Gowanus neighborhood continues to evolve, 127 12 Street is well positioned to benefit from continued development of the surrounding area. Situated between two established residential neighborhoods, Carroll Gardens and Park Slope, Gowanus has become the connecting fabric of the area offering a variety of commercial and retail destinations including: Whole Foods, Royal Palms Shuffleboard, Brooklyn Boulders, rd The Bell House, The Yard, 92 3 Street (Cowork.rs), and more.
For More Information, Please Contact: Winfield Clifford Senior Director 718 606 7054
[email protected] Michel Mazzara Director 718 606 7052
[email protected] William Barrett Senior Associate 718 606 7047
[email protected] Christopher Fuccillo Associate 718 606 7055
[email protected] Cushman & Wakefield One Pierrepont Plaza, 9th Fl. Brooklyn, NY 11201 phone: +1 718 238 8999 nyinvestmentsales.com
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