2.3 acre ~170,000 sf re-development opportunity 215 moore...

A2 1 5 M O O R E S T R E E T / B R O O K L Y N N YW W W . M A S S E Y K N A K A L . C O M

2.3 Acre ~170,000 SF Re-Development Oppor tunity

215 Moore Street

F o r f u r t h e r i n f o r m a t i o n o r i n s p e c t i o n ,p l e a s e c o n t a c t E x c l u s i v e A g e n t s :

2.3 Acre ~170,000 SF Re-Development Opportunity

2 1 5 M o o re S t r e e t

Stephen P. Pa lmeseS enior Execut ive VP

718.238.8999 x6552 [email protected]

Michael Mazzara S enior Associate


Thomas FreelandAssociate


James B erlut iAssociate


A s k i n g P r i c e $ 3 5 , 0 0 0 , 0 0 0

Mark L. L ivelyS enior Vice Pres ident of Sa les

718.307.6524 [email protected]

Brendan MaddiganDirector of Sa les

[email protected]

Ethan StantonAssociate

[email protected]

II2 1 5 M O O R E S T R E E T / B R O O K L Y N N Y

The M

K A

dvantage for Buyers

Best Inventory

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III

TABLE of CONTENTSI. PROPERTY SPECIFIC INFORMATION

Setup Flyer

Property Photo

Neighborhood Map

Transportation Information & Maps

Zoning Information

Tax Map & Location

Certificate of Occupancy

Phase I Environmental Site Assessment

II. NEIGHBORHOOD INFORMATION

12 1 5 M O O R E S T R E E T / B R O O K L Y N N Y 1

Proper ty Specif ic Information

22 1 5 M O O R E S T R E E T / B R O O K L Y N N Y

Setup FlyerAddress Range: 215 Moore Street

33-39 White Street208-244 Seigel Street

Location: The subject property runs through the block from Seigel Street to Moore Street between White Street and Bushwick Avenue

Block / Lots: 3100 / 22, 26, 32, 34, 35, 36, 38, 39, 40, 47, 56, 61, 63, 66, 67 & 68

Lot Dimensions: 530' x 200' (Combined) (Approx.)Building Dimensions: 455' x 100'

Building Square Footage: 46,900 Stories: 1Zoning: M1-1 / M1-2

Manufacturing FAR: 1.00 / 2.00Lot S.F.: 101,447

Total Buildable S.F.: 169,497Minus Existing Structure: 46,900

Available Air Rights: 122,597

Assessment (13/14): $1,570,457 Taxes (13/14): $161,568.62

PROPERTY DESCRIPTION:

215 Moore Street is a dynamic re-development opportunity in East Williamsburg, Brooklyn. The offering is a 2.3 acre site, which is located one block from the Morgan Avenue L Train. There are currently five industrial buildings which total approximately 47,000 SF. The subject features over 1,100 SF of frontage on Moore Street, Seigel Street and White Street and is located in a dual zone of M1-1/M1-2, which permits a total of nearly 170,000 SF of commercial development.

M1-1 M1-2 Bushwick Ave

Seigel Street

Moore Street

White St

ASKING PRICE: $35,000,000 or $206.49/BSF

Morgan Avenue “L” Subway StationL


Aerial P

hotograph


Property P

hotographC o r n e r o f M o o r e a n d W h i t e S t r e e t s


Neighborhood M

apMontrose Ave L Train Station Morgan Ave L Train Station

215 MOORE STREET SITEFlushing Ave J/M Train Station


Transportation In

formation

215 MOORE STREET

The building is located one block from the Morgan Ave L train station and a few short blocks from the Flushing Avenue J/M train station.


Transportation In

formation

215 Moore Street has access to major modes of transportation. The property is located a block away from the Morgan Avenue L train station. The nearby Flushing Avenue J and M train station also affords easy transportation. The neighborhood is also serviced by MTA buses B43and B60.

By car, the property provides easy access to Manhattan via the Williamsburg and Queensboro bridges. The Williamsburg Bridge connects downtown Manhattan to Brooklyn by way of the Brooklyn-Queens Expressway (BQE), which is accessible a few blocks away. The BQE leads throughout Brooklyn and Queens and to most major thoroughfares such as the Long Island Expressway, Grand Central Parkway, Prospect Expressway, and the Belt Parkway.

The three major metropolitan airports, LaGuardia (10-15 minutes drive), John F. Kennedy (15-20 minutes drive), and Newark (25-30 minutes drive) are located in the immediate Metropolitan area.

The caliber of quick access from 215 Moore Street to local and regional business destinations is unusual and definitely enhances the attractiveness of the property.


Zon

ing Inform

ation

Seigel Street

Moore Street

Bushwick Avenue

White Street

M 1-1

M 1-2

New York City’s zoning regulates permitted uses of the property; the size of the building allowed in relation to the size of the lot (“floor to area ratio”); required open space on the lot, the number of dwelling units permitted; the distance between the building and the street; the distance between the building and the lot line; and the amount of parking required. The manufacturing district has three different classifications.

215 Moore Street is zoned M1-1 / M1-2Manufacturing FAR: 1.0 / 2.0Note: Many uses, including retail and transient hotel are allowed.


Zon

ing Inform

ation


Tax Map and L

ocation

Location: The subject property is made up of five adjoining industrial buildings fronting Moore Street and adjacent vacant land along Seigel & Moore Streets in East Williamsburg, Brooklyn

215 Moore StreetTax Block: 3100Lot: 22, 26, 32, 34, 35, 36, 38, 39, 40, 47, 56, 61, 63, 66, 67 & 68


Certificate of O

ccupancy

Lot: 22

No Certificate of Occupancy on File


Certificate of O

ccupancy Lot: 26

Certificate of Occupancy is for Storage


Certificate of O

ccupancy Lot: 32

Certificate of Occupancy is a Stable and a Blacksmith Shop


Certificate of O

ccupancy Lot: 34



Certificate of O

ccupancy

Lot: 35



Lot: 36No Record on File

Certificate of O

ccupancy

Lot: 38



Lot: 39


Certificate of O

ccupancy


Certificate of O

ccupancy

Lot: 40



Certificate of O

ccupancy

Lot: 47



Lot: 56

Certificate of Occupancy is for Steel Production and Offices

Certificate of O

ccupancy


Lot: 61


Certificate of O

ccupancy


Certificate of O

ccupancy Lot: 63



Certificate of O

ccupancy Lot: 66

Certificate of Occupancy is for a Store and Four Residential Units


Lot: 67


Certificate of O

ccupancy


Lot: 68

Certificate of Occupancy is for Storage and Parking

Certificate of O

ccupancy


Industrial & C

omm

ercial Abatem

ent Program

(ICA

P)


Phase I E

nvironm

ental Site A

ssessment

Click Here to View Phase I Environmental Site Assessment

http://www.masseyknakal.com/downloads/215_Moore_Street_Phase_1_narrative.pdf

302 1 5 M O O R E S T R E E T / B R O O K L Y N N Y 302 5 J A Y S T R E E T / B R O O K L Y N N Y 30

Neighborhood Information


Neighborhood C

haracterWilliamsburg

In 1792, Richard M. Woodhull purchased land in Bushwick with hopes that the area would emerge as a suburb of New York.

Shortly after establishing a horse ferry to Manhattan, in 1800 he named the area Williamsburg. Woodhull’s ventures failed but in

the early part of the century the Wallabout and Newtown Turnpike was built which made commuting easier and interest in the area

grew tremendously. In 1827, Williamsburg was declared as a village but by the early 1850s, the village was incorporated into the

city of Brooklyn. Towards the latter half of the century, Williamsburg had many banks and was a financial hub rivaling Wall Street.

The Williamsburg Bridge was constructed in 1903 and with it the landscape of the neighborhood changed immensely. Many

people moved from the Lower East side of Manhattan and immigrants from Eastern Europe began to settle as well. In the 1910s,

Williamsburg was the most densely populated area of New York City. By the 1950s and 1960s, Williamsburg gained a large Puerto

Rican population, with a majority Hasidic population in the southwest corner, Italians to the West, and Poles in the North near

Greenpoint.

Throughout the last few decades, the Williamsburg community has seen a vast transformation. This area was formerly a large

manufacturing hub for New York City and many of these large warehouses have since been converted into spacious, high-ceiling

loft apartments.

The epicenter of the Northside community is the Bedford Avenue L train station (located on the corner of Bedford Avenue and

N 7th Street) due to its proximity to Manhattan; it is only one stop away. There are a plethora of unique shops, art galleries, bars,

restaurants, and other retail spaces throughout the surrounding area.


Neighborhood C

haracterIn May of 2005, the City council adopted new zoning designations throughout Williamsburg. A large majority of industrially zoned

land was rezoned for residential use, changing the landscape of the area tremendously. Many new residential buildings have been

developed since the rezoning, and there are many more to come including the Williamsburg EDGE residential and retail project located

on the waterfront between North 5th Street and North 7th Street. The rezoning also made way for a twenty-eight acre city park on the

waterfront. In July of 2009, a subsequent rezoning was passed covering substantial areas further east. Major corridors were up zoned

and the side streets were mapped more contextually.

As the gentrified center of Williamsburg, originally home to many Polish immigrants, continues to blossom, the ethnic communities

in the area remain attached. For years there has been a large Hasidic community in the southwestern sector of Williamsburg and it has

not been affected much by the recent invasion of the Northside. The large centralized Puerto Rican community in East Williamsburg

also remains intact.

In addition, Industrial Williamsburg is evolving from the major manufacturing hub it once was. There has been an influx of young artists,

musicians, performers, and other creative spirits that have flocked to this region throughout at the start of the 21st century. Although

Williamsburg’s music scene took off in the 1990s, the more cutting edge and underground music is being made and performed in

Industrial Williamsburg with newer small venues and recording spaces springing up over the past decade. Artists too prefer Industrial

Williamsburg as a more communal and affordable area to rent space for galleries and studios.

Industrial Williamsburg’s vaunted labor history has not been forgotten as well. Manufacturing in the neighborhood eroded at the start

of the 1960s reaching its nadir by the early 1980s. As a result of this decline, the East Williamsburg Valley Industrial Development

Corporation (EWVIDCO) was set up in 1982 in a bid to both attract new businesses as well as provide guidance to existing businesses.

Presently, EWVIDCO is responsible for helping over 1,000 industrial businesses in the North Brooklyn area that employ 15,000 local

residents by providing assistance with incentives, tax credits, financing, and real estate opportunities.

Although manufacturing today no longer forms the bulk of Industrial Williamsburg’s labor force, the neighborhood has since

reinvented itself as a center for wholesaling and distribution of food and beverages, furniture, and apparel, as well as construction. New

niche small batch food production and tech startups also have their eye on Industrial Williamsburg as a nurturing environment for

entrepreneurship.


Neighborhood H

ighlightsIndustrial Williamsburg Business Profile

Boar’s Head is one of the oldest companies to call Industrial Williamsburg home and has held its distribution center in the neighborhood since 1933. Continuing to be a pillar of local business, Boar’s Head currently employs over 300 people.

The Meatball Shop Kitchen opened in 2012 as a central cooking location and test kitchen for the well-known Manhattan based restaurant. The current space offers 10,000 square feet on the ground level and 1,500 of mezzanine space for office use as well as featuring 18-foot ceilings and a full kitchen with refrigeration, freezers, ovens, and drains.

Blue Apron is a new tech startup operating out of Industrial Williamsburg. The company offers customers the opportunity to receive fresh food ingredients as well as customized cookbooks so that they can prepare gourmet meals at home all through a proprietary mobile application.

Boar’s Head Distribution Center, 24 Rock Street

The Meatball Shop Kitchen, 192 Siegel Street

Blue Apron, 324 Maujer Street


Neighborhood H

ighlightsIndustrial Williamsburg Restaurants

A popular neighborhood fixture since it opened in 2008, Roberta’s Pizza offers an artisanal take take on the familiar Neapolitan dish and the post-industrial exterior gives off more of a Mad Max vibe than the standard New York pizza joint. Make sure to try the Fennel Frontier pizza loaded with delicious pieces of house-made pork sausage and fresh fennel from the garden. Check out Roberta’s sister steakhouse, Blanca’s, (named after founder Carlo Mirarchi’s mother) located on 261 Moore Street.

Although sushi rolls abound at Momo Sushi Shack, it is the inventive take on tapas (Japanese fusion) that makes this eatery stand out. The “Pork Betty,” bite-sized slices of organic pork cooked in soy, sake, ginger and garlic sauce, is a highlight. A sign hanging over the bar simply reads: “Magic surrounds.” Indeed it does.

Every hip and youthful neighborhood needs a coffeehouse and Swallow Café is that exact place. Offering excellent coffee and light lunch options like sandwiches and tea cookies, Swallow Café is also perfect for people watching, catching up on work, or simply meeting with friends in a quiet setting; itself an increasingly rarer commodity in New York City.

Roberta’s Pizza, 261 Moore Street

Momo Sushi Shack, 43 Bogart Street

Swallow Café, 49 Bogart Street


Neighborhood H

ighlightsIndustrial Williamsburg Restaurants

Le Barricou boasts one of the best Brunches in Williamsburg, and it’s obvious - hoards of people are out the door waiting for a table on Saturday and Sunday. Barge your way in and offer to eat at the bar if you don’t feel like waiting, this food is not to be missed. The burger, served with gruyere, is nearly perfect. The Eggs Benedict comes with thick cut bacon instead of the same old boring ham. You won’t be able to drink just one of the zesty, spicy Bloody Mary’s. -(Amy Allison – New York Magazine)

While Williamsburg has no shortage of Thai options, Pagoda stands its ground in ambience, food, and value. The takeout counter greets you up front, and a glass facade that opens in nice weather draws in foot traffic. Inside, an open kitchen faces a wall of bench seating and tightly packed tables; out back, a spacious patio relieves overflow. To begin, long, skinny spring rolls arrive upright in a tall glass, their bases soaking in plum sauce, while meltingly soft chicken curry puffs come with a cucumber salad for contrasting crunch. Spicy curry, broad noodle, and coned rice entrées come with an extensive selection of proteins, all mixed with vegetables and covered in your choice of sauce, including a tasty sweet soy or a spicier chile. -(Amy Allison - New York Magazine)

Packed with a crowd that looks like it knows El Salvadorian food, Bahia serves authentic dishes just a few L stops out of Manhattan. You can imitate the regulars’ practice of drinking Corona mixed with tomato juice, but a bottle of El Salvadoran Suprema beer is really the best complement to savory pupusas (filled with meat or zucchini and cheese). The sweetness of Bahia’s fried plantains is balanced perfectly with their outstanding homemade sour cream, though fresh seafood dishes are a welcome contrast to the fried appetizers—particularly the delicious shrimp ceviche. -(Amy Allison - New York Magazine)

Le Barricon, 533 Grand Street

Pagoda, 333 Graham Avenue

Bahia, 533 Grand Street


Neighborhood H

ighlightsIndustrial Williamsburg Nightlife

Originally a coffin factory, Pine Box Rock Shop (hence its macabre name) now makes microbrews and vegan empanadas amidst a punk club setting. The only spirits found here are nostalgic as alternative rock of the 1980s and 1990s provides much of the venue’s soundtrack. Pine Box Rock Shop also hosts The “Kings of Karaoke,” a rowdy collective of MCs and DJs, every Thursday at 10 PM giving bar goers the chance to mangle their favorite songs in public.

Perfect for aficionados of tacky nautical décor, red leather wooden booths and velvet paintings more apt for a motel than a local watering hole, The Anchored Inn literally puts the “dive” back in dive bar. The cheap offerings of Pabst Blue Ribbon is to be expected but one can also find choicer drafts like Left Hand Milk Stout and Blue Point.

If The Anchored Ann is too crowded then head over to Alaska Bar which also offers a similar kitschy dive bar setting (the red wallpaper and stuffed deer head are especially nice touches). Alaska Bar’s somewhat secluded setting provides a nice respite from the more well known East Williamsburg bars.

Pine Box Rock Shop, 12 Grattan Street

The Anchored Inn, 57 Waterbury Street

Alaska Bar, 35 Ingraham Street


Neighborhood H

ighlights

The New York Loft Hostel is a 15 minute L train ride to Manhattan, straight form the Morgan Avenue to 14th. Street. East Williamsburg is in the northwestern portion of the borough of Brooklyn in New York City. Much of this area has been and still is referred to as either Bushwick or Williamsburg. Since the 1990s, the area has seen a great influx of young artists, professionals, and “hipsters”, mainly due to its close proximity to Manhattan and the relatively inexpensive rent-(http://www.nylofthostel.com/english/media_gallery/)

Green Fitness Studio is “total mind and body fitness while protecting the environment! Yoga, hot yoga, personal training, pilates, spin, and more. Organic juice bar. Massage, nutrition & spa services available.-(http://www.greenfitnessstudio.com)Green Fitness Studio, 232 Varet Street

New York Loft Hostel, 249 Varet Street

Industrial Williamsburg Amenities


Neighborhood H

ighlightsIndustrial Williamsburg Amenities

Brooklyn’s Natural, located on Bogart Street has a good selection of organic food both packaged and fresh, numerous imported items, a fantastic offering of beers, and, of course, more soy products than you ever knew existed. They make fresh sandwiches and wraps in house. -(Jeremy Sapienza, Bushwick BK)

John Roberts, owner of Bushwick Country Club, believes that “miniature golf and drinking go great together,” so he added a nine-hole course out back. Find your inner John Daly by putting through a Pabst Blue Ribbon windmill or drilling a ball into a robot’s belly. There’s never a wait to play, and non-country club members can afford the greens fee: Everything but the beer is free.-(David Rosenzweig, Time Out New York)

Cooper Park is a little slice of green set amidst East Williamsburg’s concrete backdrop. A great place to socialize for both humans and their canine friends, the park provides a nice place to spend an afternoon in the warm months.

Brookyln’s Natural, 49 Bogart Street

Bushwick Country Club, 618 Grand Street

Cooper Park, Maspeth Avenue & Morgan Avenue


Industrial Williamsburg Music

Shea Stadium (not to be confused with the extinct home of the NY Mets) is Industrial Williamsburg’s best known DIY music venue although the owners prefer to call it a “recording studio/space dedicating to documenting live performances.” Quibbling over terminology aside, Shea Stadium is a great place to catch unknown bands thrive in their obscurity before everyone else does. And in Industrial Williamsburg, cultural capital counts for a lot.

The Paper Box is an independently owned music and arts collective that houses live music, theater, and visual arts all under one roof. The ever-changing graffiti gallery in the back patio and spur of the moment live shows espouses the collective’s anarchic and iconoclastic philosophy. They also serve tacos.

Although the digital era has challenged the need for big and expansive recording studios, The Gallery Recording Studio proudly serves as a tribute to the vintage recording studios of the 1960s and 1970s and is just one of the many underground studios to spring up across Industrial Williamsburg that cater to the creative needs of aspiring musicians.

Shea Stadium 20 Meadow Street

The Paper Box, 17 Meadow Street

The Gallery Recording Studio, 255 Mckibben Street

Neighborhood H

ighlights


Industrial Williamsburg Art Galleries

Originally known as Storefront Bushwick, artist and curator Deborah Cohen moved her space from 16 Wilson Street to its current location on 324 Ten Eyck Street and renamed it Storefront Ten Eyck in 2013. The gallery showcases the work of both emerging and established artists as well as Cohen’s own surreal paintings reportedly inspired by the local industrial landscape.

Chez Bushwick is an artist-run organization that specializes in advancing interdisciplinary art and performance. There is a special emphasis on what the organization refers to as “new choreography” (as seen on the left.) Boundaries between art and performance are purposely blurred at Chez Bushwick and for the artists-in-residence there that is more than a welcome departure from the traditional Manhattan galleries.

NURTUREart Gallery, living up to its name, provides an opportunity not only for artists and curators to showcase their work but also boasts unique art programs designed to spark the interest of public schoolchildren. It is no surprise that the gallery is a popular field trip destination. Exhibitions at the gallery often spring from a rotating panel of not only artists and curators but from gallerists, writers, and other art professionals as well.

Storefront Ten Eyck, 324 Ten Eyck Street

Chez Bushwick, 304 Boerum Street

NURTUREart Gallery, 56 Bogart Street

Neighborhood H

ighlights


The Bogart Mall

The Bogart Mall, located blocks away from the Cooper Tank site at 74-92 Bogart Street, is the neighborhoods largest retail development project, which consists of an entire city block of space and is bordered by Bogart Street, Ingraham Street, Harrison Place, and Morgan Avenue. The ground floor takes up 80,000 square feet, and the proposed second floor will be equally large. The development plans to cater to unmet retail needs of the dense residential population in the area while remaining sensitive to the local culture that has made the area so unique. The “gritty Chelsea market” or independent mall is positioned to lure national, marquee tenants to the area – early mentions has been Urban Outfitters and Guitar Center.

Neighboring Tenants Include:

Roberta’s

Blanca

Brooklyn Natural

Pine Box Rock Shop

King’s Country Bar

Big Tree Bottles

Swallow Café

The NY Loft Hostel

Eastern District

House of Yes

Astor Row Unlimited

Momo Sushi Shank

Bushwick Art & Shopping

Brooklyn Fire Proof East

Green Fitness Studio

Momenta Art Gallery

Jungle Art Space

English Kills Art Gallery

Tentative Rendering of Bogart Mall

Neighborhood R

etail Activity


# Name of Business Type

22 Swan7 Recording Studios Recording Studio

23 The Gallery Recording Studio Recording Studio

24 Alaska Bar Restaurant/Bar

25 Ange Noir Restaurant/Bar

26 Blanca Restaurant/Bar

27 Café Orwell Restaurant/Bar

28 King's County Bar Restaurant/Bar

29 MoMo Sushi Bar Restaurant/Bar

30 Newtown Restaurant/Bar

31 Pine Box Rock Shop Restaurant/Bar

32 Roberta's Pizza Restaurant/Bar

33 Swallow Café Restaurant/Bar

34 The Anchored Inn Restaurant/Bar

35 Verde Yogurt Shoppe Restaurant/Bar

36 Shop the OPS Stores

37 Shops at the Loom Stores

38 Blue Apron Tech Startup

39 Clearwater Studios TV/Film Studio

40 Wizard Studios TV/Film Studio

41 Jai Yoga Arts Yoga Studio

East Williamsburg Business Map

# Name of Business Type

1 Chez Bushwick Art Studio/Gallery

2 Fortress to Solitude Art Studio/Gallery

3 NURTUREart Non-Profit Art Studio/Gallery

4 Storefront Ten Eyck Art Studio/Gallery

5 Teaching Studios of Art Art Studio/Gallery

6 The Black Crate Art Studio/Gallery

7 Mary Meyer Clothing

8 Bird's Eye Board Shop Clothing/Sporting Goods

9 Hale and Hearty Soup Commissary

10 The Meatball Shop Kitchen Commissary

11 Boar's Head Food Distribution

12 Frito-Lay Food Distribution

13 Midland Meat Trading Food Distribution

14 Absolute Fitness Gym

15 Green Fitness Gym

16 The New York Loft Hostel Hotel

17 Item Productions Modeling/Photography Studio

18 Paper Box Music & Art Music Venue

19 Pop Gun Booking Music Venue

20 Shea Stadium Music Venue

21 Band Spaces NYC Recording Studio

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METROPOLITAN AV

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MESEROLE AV

MESEROLE AV

MEEKER AV

MEADOW ST

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MC KIBBIN ST

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MANHATTAN AV

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MANHATTAN AV

MAN

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DIAMOND ST

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L

L

223

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3328

13

Morgan Ave “L” Subway Station

Grand Street “L” Subway Station

215 Moore Street

Neighborhood H

ighlightsEast Williamsburg Business Map


Stephen P. Palmes eS enior Execut ive VP


Michael MazzaraS enior Associate


Thomas Fre elandAssociate


James B erlutiAssociate


Mark L. L ivelyS enior Vice Pres ident of Sa les


Brendan MaddiganDirector of Sa les

[email protected]

Ethan StantonAssociate

[email protected]

2.3 acre ~170,000 sf re-development opportunity 215 moore...

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