# @2profound on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/Cc1Wxt5MixN
- **Gondola URL:** https://gondola.cc/posts/59732255-2profound-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/7208de0558.jpg
- **Posted:** 2022-04-27T00:03:17.000+00:00
- **Account Owner:** Ehab Elshinawy (@2profound) — https://gondola.cc/2profound

## Caption

SALE
IMAGE: Nathan Horne & Ehab Elshinawy
DATE: 04/12/2022
ADDRESS: 333-349 Moffat Street
MARKET: Bushwick
ASSET TYPE: Industrial
SALE PRICE: $11,100,000
SF: 20,523 ~ PPSF: $540  Horne.Team 2profound  ehab.finds is happy to announce the closing of 333-349 Moffat Street, a 20k+ SF corner industrial building in eastern Bushwick with ~25 ceilings, additional land for parking or development, & approved plans for a full overhaul including column removal, an extension, utilities, etc. Originally marketed based on the
upcoming Bushwick rezoning that never manifested, the
Horne Team pivoted to a dual strategy of targeting potential
end-users or having a lease in place & selling to a more classical investor. Though we did receive offers up to $50/SF for lease, the eventual buyer was an experienced end-user who will create a truly remarkable space for their company.

Feel free to reach out for any questions about this property or other on- & off-market opportunities.

#cre #commercialrealestate #realestate #advisors #investment #investmentproperty #brooklyn #nyc #bushwick #industrial #warehouse #compasscommercial #sales #grindtime

## Stats

- **Views:** 0
- **Likes:** 178
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- **Comments:** 29

## Tags

advisors, investment, cre, sales, industrial, grindtime, bushwick, brooklyn, nyc, warehouse, realestate, investmentproperty, compasscommercial, commercialrealestate

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