Perfect Headquarters Building on the Brooklyn
PERFECT HEADQUARTERS BUILDING LIBERTY VIEW INDUSTRIAL PLAZA, 850 THIRD AVENUE, BROOKLYN, NY ON THE BROOKLYN WATERFRONT
LARGE ROOF DECK CAN BE CREATED WITH AMAZING VIEWS OF THE STATUE OF LIBERTY, GOVERNORS ISLAND AND DOWNTOWN MANHATTAN
Built: 1920, with a $100 Million gut renovation to be completed in 2014 Back up Generator: 1.5MW to operate all essential life safety systems Property Type: Eight (8) story industrial loft building Ceiling Height: 12 feet Building Class: State of the Art, Leed Certifi ed Industrial Loft Building Local Workforce: Access to a large cross section of skilled workers living in the surrounding Brooklyn Neighborhoods Zoning District: M3-1 Telecommunications: Verizon Fios available as well as other fi ber optic, broadband, Total Square Footage: 1.2 million square feet (SF) and cable services. Total Square Footage (Per Floor): 160,000 RSF (will divide) Parking: Indoor parking available Building Entrance: Three lobbies and one can be dedicated to a major tenant Transportation: Subways: D, N and R trains less than four blocks away. One stop away Access: 24/7 access Long Island Railroad, Brooklyn Atlantic Terminal, and Barclay’s Center Elevators: 11 Freight and 6 Passenger Elevators (all automated) Highways: Immediate highway access to the Brooklyn Queens Expressway, Brooklyn Battery Tunnel, Brooklyn Bridge, Manhattan Bridge, Verrazano-Narrows Bridge, Delivery Conditions: All fl oors to be delivered in white-box condition with Long Island Expressway, Belt Parkway, and Staten Island Expressway. new HVAC bathrooms, windows, and electric to a main breaker. Comments: Perfect for Medical Labs, Technology Companies, Fashion Production, Technical Loading Docks (On Premises): 17 (2 fully indoors) Schools, Manufacturing etc. Largest vacant building with largest fl oor plate in 5 boroughs. Electric Capacity: Ample Power
Howard Kesseler Executive Managing Director • 212.372.2110 • [email protected] Jeffrey I. Unger Kalmon Dolgin Affi liates, Inc. • 347.390.1114 • [email protected] Jordan Gosin Director • 212.372.2289 • [email protected] Neil A. Dolgin Kalmon Dolgin Affi liates, Inc. • 718.388.2331 • [email protected]
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfi ed. Although all information furnished regarding property for sale, rental, or fi nancing is from sources deemed reliable, such information has not been verifi ed and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or fi nancing, or withdrawal without notice and to any special conditions imposed by our principal. LIBERTY VIEW INDUSTRIAL PLAZA, 850 THIRD AVENUE, BROOKLYN, NY
ECONOMIC INCENTIVES:
Access to Incentives The Landlord along with Southwest Brooklyn Industrial Development Corporation (SBIDC) to help potential tenants access various programs and incentives designed to encourage industrial development and/or benefi t light manufacturing and industrial tenants.
These programs include, but are not limited to:
NYC Relocation and Employment Assistance Program (REAP) PILOT (Payment In Lieu of Taxes) A 12-year tax credit (refundable in the fi rst 5 years) of $3,000 per job per year This project was granted a PILOT from New York City. As part of our tenant for each job relocated to Brooklyn.[1] attraction package, we can offer/negotiate a signifi cantly reduced real estate tax liability package. Industrial Business Zone Relocation Credit (IBZ) [1] REAP is available for any company relocating employees from Manhattan south of 96th Street, any The Industrial Business Zone (IBZ) Relocation Tax Credit is a one-time company relocating from anywhere within New York State that are located outside of the NYC boroughs, any tax credit of $1,000 per relocated employee available to industrial and company relocating from anywhere within the United States and any company relocating from overseas (or whatever verbiage you choose). The company must be in business over 2 years prior to relocation. manufacturing fi rms relocating to one of the City’s sixteen IBZs from outside [2] ECSP is up to 12 years. of an IBZ. Firms relocating within an IBZ are also eligible. [3] The Con Ed BIR is for up to 15 years. The BIR is available only for tenants receiving more comprehensive discretionary incentives from NYC The Energy Cost Savings Program (ECSP) The Energy Cost Savings Program (ECSP can reduce regulated energy costs up to 45 percent and regulated natural gas costs up to 35 percent for eligible businesses.[2] Additional Energy Savings From Con Edison’s Business Incentive Rate (BIR) Program.[3]
Industrial & Commercial Abatement Program (ICAP) This program provides abatements for property taxes for periods of up to 25 years. To be eligible, industrial and commercial buildings must be built, modernized, expanded, or otherwise physically improved. ICAP replaced the Industrial Commercial Exemption Program (ICIP) which ended in 2008. Previously approved ICIP benefi ts were not affected.
Howard Kesseler Executive Managing Director • 212.372.2110 • [email protected] Jeffrey I. Unger Kalmon Dolgin Affi liates, Inc. • 347.390.1114 • [email protected] Jordan Gosin Director • 212.372.2289 • [email protected] Neil A. Dolgin Kalmon Dolgin Affi liates, Inc. • 718.388.2331 • [email protected]
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfi ed. Although all information furnished regarding property for sale, rental, or fi nancing is from sources deemed reliable, such information has not been verifi ed and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or fi nancing, or withdrawal without notice and to any special conditions imposed by our principal. LIBERTY VIEW INDUSTRIAL PLAZA, 850 THIRD AVENUE, BROOKLYN, NY
LOCAL AREA: SUNSET PARK WATERFRONT VISION PLAN
Pedestrian Friendly Streetscapes Extension of the B-70 Bus line District-wide Environment Policies Bush Terminal Entrance Ramps to Gowanus Expressway Piers Park 1st Avenue Rail Upgrades
Brooklyn Army Bush Terminal Terminal Industrial Campus South Brooklyn Marine Terminal
3rd Avenue Gowanus Expressway 3rd Avenue 59th Street 53th Street 49th Street 45th Street 36th Street 39th Street 25th Street 34th Street Prospect 4th Avenue 29th Street Bay Ridge A venue A
venue 5th Avenue
Greenwood Cemetery
Sunset Park 8th A venue
Howard Kesseler Executive Managing Director • 212.372.2110 • [email protected] Jeffrey I. Unger Kalmon Dolgin Affi liates, Inc. • 347.390.1114 • [email protected] Jordan Gosin Director • 212.372.2289 • [email protected] Neil A. Dolgin Kalmon Dolgin Affi liates, Inc. • 718.388.2331 • [email protected] 9th Av enue
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfi ed. Although all information furnished regarding property for sale, rental, or fi nancing is from sources deemed reliable, such information has not been verifi ed and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or fi nancing, or withdrawal without notice and to any special conditions imposed by our principal. LIBERTY VIEW INDUSTRIAL PLAZA, 850 THIRD AVENUE, BROOKLYN, NY
FLOOR PLANS:
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Howard Kesseler Executive Managing Director • 212.372.2110 • [email protected] Jeffrey I. Unger Kalmon Dolgin Affi liates, Inc. • 347.390.1114 • [email protected] Jordan Gosin Director • 212.372.2289 • [email protected] Neil A. Dolgin Kalmon Dolgin Affi liates, Inc. • 718.388.2331 • [email protected]
Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfi ed. Although all information furnished regarding property for sale, rental, or fi nancing is from sources deemed reliable, such information has not been verifi ed and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or fi nancing, or withdrawal without notice and to any special conditions imposed by our principal.