807 Bank Street

Turnbridge acquired 807 Bank Street and 300 DeWitt Avenue in December 2021. The properties, purchased from two separate sellers in an off-market contingent sale, combine to create a best-in-class, 90,000 SF last-mile industrial development site located in the Canarsie submarket of Brooklyn. Upon completion, the 172,000 SF modern, Class A logistics facility will include 80,000 SF of ground floor warehouse space in addition to 92,000 SF of rentable parking on the building’s ramp-accessed roof, a highly sought-after combination for last-mile users in the New York City outer boroughs. The state-of-the-art project is being constructed by ARCO Design-Build and is scheduled to deliver in the 4th quarter of 2023.

Address
807 Bank Street & 300 DeWitt Avenue
Brooklyn, NY
Submarket
Canarsie
Asset Class
Industrial
Strategy
Last Mile Industrial
Size
172,000 SF
Date Acquired
December 2021
Date Sold
Currently Owned by Turnbridge