62-64 ferris street red hook 62014

A huge commercial property near the Red Hook waterfront is in contract after asking $22,000,000, according to an agent close to the deal. The 100,000-square-foot site at 62-64 Ferris Street (pictured) is currently being used as a parking lot and is zoned for manufacturing. A building as large as 200,000 square feet could be constructed on the site. The property last sold in 2004 for $2,550,000, according to public records.

About a block away is another large Red Hook development site for sale. The property at 145-165 Wolcott Street is an 80,000-square-foot former bus depot asking $24,000,000. A potential developer could build up to 135,000 square feet there, according to PropertyShark. Realty Collective is the listing agent for both sites.

Update: Italian developer Est4te Four is the buyer of 62 Ferris Street, along with neighboring 219 Sullivan Street, according to the Brooklyn Eagle.

Photo by Kate Leonova for PropertyShark


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