Description

CCompass has been retained on an exclusive basis to facilitate the sale or joint venture of 333-349 Moffat Street -- a staggering 24,000 SF building on a 28,000 SF corner lot. The owner/developer is in the process improving the existing structure to a column-free 240'X100' "white box" with 35' ceilings, perfect for a music/entertainment venue. Plans can be provided upon request. As is, the building is in M1-1 zoning, allowing for any commercial use -- retail, office, storage, warehouse, etc. -- in an area with asking rents ranging up to $40/SF. The 28,000 SF lot has a current FAR of 1 for commercial use or 2.4 for community facility use. With the city's Bushwick Rezoning Plan, the commercial FAR would go up to 3, allowing 84,000 BSF as of right (see attached architect's analysis). The developer is open to a built-to-suit sale, as well as a joint venture with an equity partner or co-owner/operator. Please reach out for additional information.
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Building Features

intercom

$24,000,000 / $1,000 per ft²

Listed on Mar 03, 2020

DOM temporarily suspended

Studio / 1.0 Bath / 24,000 ft²

Total Monthly expenses: -

Maintenance: - / R.E. Taxes $4,500

Exclusively listed with: Compass Source: RLS

Nathan Horne

nathan.horne@compass.com

(706) 255-5657

Listing Courtesy of Compass View Listing

Unit listing history

Date Status Amount Listed by Owner Name
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