Property Description
BKREA has been retained on an exclusive basis to arrange the sale of 71 White Street (“The Property”), a remarkable single-story warehouse with exceptional scale, modern upgrades, and future development potential.
The Property spans approximately 24,200 square feet on a full blockfront along White Street between McKibbin Street and Boerum Street, just two blocks from the Morgan Avenue L train station; the center of Bushwick’s creative district. Constructed in 1931, the building features 159 feet of frontage, 15-foot ceiling heights, three drive-in doors, and one loading dock, delivering rare functionality for today’s market. Recent capital improvements include white-boxing, roof upgrades, and upgraded utilities, further enhancing its move-in-ready appeal.
Highlighting the site’s development potential, ownership has already purchased 16,000 square feet of air rights, resulting in a total ZFA of 64,280, with 40,040 square feet of air rights still available.
Situated in an M1-2 zoning district, the site allows for flexible industrial and commercial uses as well as long-term redevelopment
potential. Delivered fully vacant, 71 White Street offers investors and users immediate optionality: lease to light-industrial tenants, film/production studios, or creative office users, all of which are in high demand in this neighborhood. Alternatively, the Property represents a compelling covered land play, generating interim income while pursuing a redevelopment strategy.