INVESTMENT OFFERING
SAB Capital is pleased to present 178 28th Street, a rare 25,000-square-foot warehouse opportunity located between 4th and 5th Avenues in Greenwood Heights, Brooklyn.
The 25,000 SF warehouse is built full on the lot, measuring 250 ft x 100 ft. The asset features two loading docks, three drive-in gates, and approximately 18-foot ceiling heights. It also includes 13,000 SF of refrigeration and 4,000 SF of freezer space. The property will be delivered vacant, providing immediate flexibility for an owner-user or investor.
178 28th Street is strategically positioned within one of Brooklyn’s established industrial corridors, offering convenient access to the Prospect Expressway, Gowanus Expressway, Brooklyn-Queens Expressway, and Hugh L. Carey Tunnel. The property’s location provides efficient connectivity throughout Brooklyn, Manhattan, and the broader New York metropolitan area.
With its scale, full-lot coverage, functional loading infrastructure, and strategic transportation access, 178 28th Street represents a compelling opportunity to acquire a sizable industrial footprint in a supply-constrained Brooklyn market. The property is well suited for an owner-user seeking a strategically located operating facility, as well as investors pursuing long-term industrial value in one of New York City’s most established industrial submarkets.
- Prime Industrial End-User or Investor Opportunity in Greenwood Heights
- Total of 25,000 SF of Warehouse Space with 13,000 SF of Cold Storage
- 18 ft Ceiling Height with 2 Loading Docks and 2 Drive-in Gates
- Short Walk from the 25th Street “R” Subway Station
- Located Within a Qualified Opportunity Zone
- Will be Delivered Vacant at Closing
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| 178 28th Street | $14,250,000 | % | 25,500 | Available |
