160 Dikeman Street, a 42’ wide, new construction, five story flex – industrial office building located in the Red Hook neighborhood of Brooklyn. This steel-clad commercial asset spans 14,532 sqf which includes a parking garage/delivery space, a retractable roof deck, and a penthouse with 360 views of Brooklyn, Manhattan NJ skylines, including the Statue of Liberty.

Although the building can be delivered vacant, ownership is prepared to do a long-term lease back of the 2nd floor space providing immediate cash flow to a potential investor. The M2-1 zoning provides for multiple uses including office and commercial, and an open layout highlighting the flex design.

Investors/Users will have the advantage of valuable cost savings associated with this new development as the space is essentially turn-key with only interior buildouts necessary. Additionally, the property is eligible for multiple incentives and benefits including, ICAP, CRT, REAP, QOZ, ECSP and IBZ.

Located in Brooklyn’s next tech hub, the neighborhood has something for everyone including science and innovation, established artists spaces, fresh air and top tier restaurants, all within walking distance! Red Hook is truly a one-of-a-kind neighborhood that needs to be experienced to believe. It is a perfect blend of old-world charm and cutting-edge creativity. And with access to the NYC Ferry, Wall Street is only a 20-minute ride, and the Lower Eastside is approximately 35 minutes away.