Marcus & Millichap - Tri Borough Multi-Family

44 & 46 Box Street

44 & 46 Box Street
, Brooklyn

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Price: $3,750,000
Building Size: 13,500 Buildable Square Feet
Property Type: Development Site
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

Marcus & Millichap is pleased to offer 44 & 46 Box Street, located between Manhattan Avenue and McGuinness Boulevard in the Greenpoint section of Brooklyn NY. The subject properties are two contiguous 25 ft x 100 ft lots zoned M1-2/R6A/MX-8 allowing for approximately 13,500 buildable SF as of right (Block: 2483, Lot: 11 & 12).

Currently, the properties are leased to a plumbing company until 12/31/14 paying a monthly rent of $1,965 per month.

This property offers developers and investors the rare opportunity to purchase a vacant parking lot with substantial available air rights in the Greenpoint section of Brooklyn, New York.