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140 58th St
Brooklyn, NY 11220 Sunset Park

Rate Upon Request

Unknown For Lease

Property Details

  • Property Type Unknown
  • Year Built 1918
86 Transit Score
79 Walk Score

Description

Formerly known as the US Army Military Ocean Terminal or the Brooklyn Army Base during World War II, Brooklyn Army Terminal is now the premier affordable hub for modern industrial businesses, entrepreneurs, and working families in New York City.
   
This modern waterfront industrial campus is an ideal hub for traditional and advanced manufacturing, fashion and garment design, food, and media businesses, including film and television. The campus has plenty of space for tenants of all sizes, ranging from large anchors to growth-stage businesses and everything in between. The city-owned property is managed by the New York City Economic Development Corporation (NYCEDC), a mission-driven landlord with an on-site property management office. NYCEDC offers secure, longer-term leases with more attractive lease rates than private property from a commitment to job creation and retaining businesses in New York City. 
 
The campus features 11-foot to 14-foot ceiling heights, multiple loading docks, and ample electric hookups. The property offers a low loss factor with on-site parking, a daycare and prekindergarten facility, and advanced manufacturing equipment for tenant use. Brooklyn Army Terminal is in a state-designated Empire Zone and offers a variety of business incentives for qualified tenants. The location provides easy commutes for employees (via NYC Ferry, subway, and bus) and access to New York City's extensive freight and logistics network for transporting raw materials and finished goods to the massive local marketplace.
  
While serving as a prominent staple in Sunset Park, major surrounding tenants include BMW of Brooklyn, NYU Langone Hospital, Five Boroughs Brewing, and an array of retailers like Pete's BAP, Dunkin', and Sunset Coffee Shop. Aside from providing amenities for employees on campus, these surrounding businesses bring in high foot traffic, which presents excellent exposure opportunities.

Highlights

Featuring on-campus parking, freight elevators, customizable spaces with high ceiling heights, loading dock access, and ample electric hookups.
Free of real estate tax with potential financial incentives, such as (but not limited to) ASTEP, NYCIDA, IDLF, and REAP available to tenants.
Benefit from access to Futureworks Makerspace, a fabrication facility that emphasizes advanced manufacturing equipment.
Brooklyn Army Terminal is easily accessible by train, bus, car, and NYC Ferry to the surrounding boroughs and metro-area airports.
On-site property amenities include a daycare and prekindergarten facility, ample parking, and 24-hour access and security.

Amenities

  • 24 Hour Access
  • Atrium
  • Fenced Lot
  • Property Manager on Site
  • Restaurant
  • Security System
  • Waterfront

Major Tenants

Tenant SF Occupied Lease End Date
BIOBAT 200,490 SF
Lee Spring 31,236 SF 4/15/2018
Momo Dressing

Public Transportation

Commuter RailDriveWalkDistance
13 min - 4.5 mi
Clifton (Staten Island Railway - New York MTA Subway (The Subway)) 14 min - 6.9 mi
AirportDriveWalkDistance
LaGuardia 29 min - 15.7 mi
John F Kennedy International 31 min - 16.0 mi
Newark Liberty International 33 min - 19.2 mi