335 Moffat Street

Beds
24,000 Sq. Ft.
/ Sq. Ft.
24,000
Sq. Ft.
per Sq. Ft.

Description

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
...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.

*Note: Neighboring lots' air rights (54k as of right with lots and air rights; 36k just air rights) can be combined with the deal for a total buildable of 138k SF as of right.

Listing Agent

  1. Nathan Horne

    Nathan Horne

    Listing Agent

    Compass

    nathan.horne@compass.com

    P: (706)-255-5657

Amenities

  • Exposed Brick
  • Built-Ins
  • Columns
  • Private Entrance
  • High Ceilings
  • Attached Parking
  • Cold Storage
  • Double Staircase
LISTING UPDATED: 01/25/2020 04:55 PM

Property Details for 335 Moffat Street

StatusPermanently Off Market
Days on Market221
Taxes$3,545 / month
Maintenance-
Min. Down Pymt5%
Total Rooms1.0
Compass TypeMixed Use
MLS Type-
Year Built1935
Lot Size28,000 SF / 280' x 100'
CountyKings County
Buyer's Agent Compensation1.5%

Building

335 Moffat St

1 Units1 StoriesBuilt in 1935
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Building Information for 335 Moffat Street

Lot Size28,000 SF / 280' x 100'Building Age-Building TypeDevelopment Site

Payment Calculator

$148,237 per month

30 year fixed, 6.15% Interest

Principal and Interest

$144,692

Property Taxes

$3,545

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 335 Moffat Street

DateEvent & SourcePriceAppreciation
May 3, 2020

Permanently Off Market

Manual

Jan 25, 2020

Temporarily Off Market

Manual

Jun 17, 2019

Listed (Active)

Manual

$25,000,000
DateEvent & SourcePrice
05/03/2020

Permanently Off Market

Manual

01/25/2020

Temporarily Off Market

Manual

06/17/2019

Listed (Active)

Manual

$25,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 335 Moffat Street

This home is within New York City Geographic District #32.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
P.S. Is 384 Frances E Carter
PublicPK to 8

Brooklyn School For Math And Research
Public9 to 12

Evergreen Middle School-Urban Exploration
Public6 to 8

Academy Of Urban Planning
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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