Investment Overview

Marcus & Millichap has been retained exclusively by ownership to arrange the sale of 233-249 Huron Street, an industrial assemblage located between Provost Street and McGuinness Boulevard in the Greenpoint neighborhood of Brooklyn. The subject property is a 3-tax parcel assemblage: 247-249 Huron Street, a 20,000 square foot single-story industrial building built full on its lot; 233 Huron Street, a 2,500 square foot lot adjacent to the west side of 247-249 Huron Street; and 233 Huron Street, a 2,500 square foot lot across the street to the south. The assemblage totals 20,000 square feet, is zoned M1-1 and is located within an Opportunity Zone. The subject property features approximately 18-21’ ceiling clearances, 4 loading docks, 3 large drive-in bays, and minimal column obstruction of the floor space. Its location close to I-278 allows easy access to both Queens and Manhattan, which makes Northern Brooklyn a valuable location for commercial businesses which service customer bases in these boroughs. 233-249 Huron Street presents an increasingly rare opportunity to purchase a sizeable industrial property, with 5,000 square feet of lot space, in a well-located part of Brooklyn in direct proximity to Queens and Manhattan.