Marcus & Millichap - Tri Borough Multi-Family

16-18 Whitwell Place

NY

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Price: $2,900,000
Building Size: 4,272 Square Feet
Property Type: Commercial
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5234
Matthew.Fotis@marcusmillichap.com
Zachary Cohen
Tel: 212-430-6142
Zachary. Cohen@marcusmillichap.com
Chase Midgley
Tel: 212-430-5181
Chase.Midgley@marcusmillichap.com
Property Status: Active
Description:

Marcus & Millichap is pleased to offer, 16 and 18 Whitwell Place, located between Carroll Street and 1st Street in the Gowanus section of Brooklyn, New York.

16 Whitwell Place is built full to the lot 40 ft x 90 ft, 18 Whitwell Place is built 14 ft x 44 ft on a 14 ft x 48 ft lot collectively totaling 4,272 square feet of lot area and 4,230 square feet of built space. Both properties are currently zoned M1-2 which allows for a maximum Facility FAR of 4.8 and Commercial FAR of 2.2 “As of Right”. Under the Gowanus Neighborhood Plan rezoning both properties will be zoned M1-2/R6B which allows for a maximum Facility FAR of 4.8 and Residential or Commercial FAR of 2.2 “As of Right” (Block: 454, Lots: 25, 27).

This property offers developers and owner/users the rare opportunity to purchase two contiguous vacant commercial buildings with substantial available air rights, totaling 54 feet of frontage on Whitwell Place in the Gowanus section of Brooklyn, New York.