Building & Unit Features
PRIME EAST WILLIAMSBURG Commercial Warehouse Corner Significant approved huge future benefits from NYC Industrial & Commercial Abatement Program (ICAP) for 25 years. Re-zoning/variance in process to increase FAR. This commercial space in East Williamsburg (within two blocks of the Morgan Street stop on the L-Subway) has enormous potential for commercial/retail/community facility and/or possible residential development. Situated on a lot with land area of 7,546 SF, there is a current freestanding 5,737 SF two-story, with mezzanine office, commercial building (factory, light industrial) with ceiling height of 17 feet. Delivered vacant. Presently zoned M1-1 (Commercial FAR 1.0; Community Facility FAR 2.4) there are 18,110 (estimated) Buildable Square Feet (BSF) in total available. Owner has begun application process for Zoning change to increase FAR substantially. Year Built: 2007. Docks: 2 Total, One with High Doors/Loading; One with Drive In/Grade-Level. Recent Capital Improvements: Direct sewer system connection; New electrical wiring to the sidewalk; New plumbing. Current Environmental Survey available.
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