Compass has been retained on an exclusive basis to arrange the sale of 335-349 Moffat Street, a 24,000 SF warehouse on a 28,000 SF lot on the Bushwick/Ridgewood border. With the Bushwick re-zoning, the property will have 84,000 BSF as of right in a quickly appreciating area.
Previously used as an ice house, 335 Moffat is a brick warehouse with 23-30 FT ceilings and floor-to-ceiling loading doors. The developer completed preliminary work for development/renovation e.g. structural beams and a stabilized roof.
As shown by the attached architect's zoning analysis, the best possible use for the property would be to utilize the additional FAR in order to create a 130,000+ GFA building. It is not in an Industrial Business Zone, allowing many different uses including storage, office, industrial, cold storage, retail, and event space. There is additional FAR available using the FRESH bonus or with neighboring air rights. The Phase I and Phase II have been completed and the site is ready for development.
Please reach out for further information. All real offers considered. Co-brokers welcome at a 3% split.
Courtesy Of Compass