Property summary
This prime Bushwick, Brooklyn property offers 27,600 square feet of vacant industrial space, perfect for redevelopment. Situated on a 24,900 square foot lot, the two-story building features 14-15 foot ceilings and one dock-high door. The M3-1 zoning allows for diverse commercial uses. An impressive 22,161 square feet of additional air rights presents significant expansion potential. Located at 43 George Street, this vacant property is ready for immediate development and benefits from convenient access to multiple subway lines. The property's size and location in the thriving Bushwick market make it an exceptional investment opportunity for developers seeking to capitalize on the area's growth. The building is currently vacant with an occupancy date of December 5th, 2024. This redevelopment project offers a unique chance to create a significant commercial presence in a highly desirable Brooklyn neighborhood. The substantial lot size and generous air rights provide flexibility for a wide range of development plans. This is a rare opportunity to acquire a large, vacant industrial property in a rapidly developing area.
Property profile
VerifiedCap rate & NOI
Current use
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Food Bank Charitable Organization
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Church
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Food Bank Charitable Organization
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Event Planning Wedding Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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