Highest-Dollar Industrial Land Sale in New York City 410 Kingsland Avenue Greenpoint
<p>TerraCRG successfully facilitated the $120 million sale of 410 Kingsland Avenue, a nearly 10-acre waterfront industrial site in Greenpoint, Brooklyn, on behalf of ExxonMobil. The property, one of the largest commercially zoned industrial parcels in New York City, offers more than 865,000 buildable square feet and over 700 feet of frontage along Newtown Creek with access to New York Harbor’s freight waterways. TerraCRG’s Dan Marks, Daniel Lebor, and Ofer Cohen managed a competitive marketing process that attracted significant institutional interest due to the site’s scale, strategic location, and long-term industrial redevelopment potential. The property was ultimately acquired by Prologis, highlighting the continued demand for large-scale industrial and logistics assets throughout Brooklyn and New York City.</p>
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About this Property
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Total Lot SF
~432,439
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Acres
9.9
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Zoning
M3-1
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FAR
2.0
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Buildable SF
~864,878
