The 231 Norman Avenue Project (www.greenpointlofts.com) is a 58,000 square foot commercial lofts and retail space conversion of an existing self-storage facility in the historic Polish neighborhood of Greenpoint, Brooklyn. The Project include approximately 12,659 rentable square feet of commercial/retail space on the first floor (“build to suit”) and 44,928 rentable square feet of commercial lofts space occupying floors 2-5.  The commercial artist loft space will consist of 68 units ranging from 600 SF to 1350 Sf each.

The project is unique in several ways. First, it is located in Greenpoint, which is one of Brooklyn’s most stable neighborhoods. Two, the building, currently zoned M1-1, which is called “light manufacturing,” allows a plethora of uses other than light manufacturing such as, commercial and professional offices, retail space, artist lofts, movie theatres, restaurants, bars, medical offices, clinics and hospitals, markets and grocery stores, hardware stores, office supply stores, and of even hotels and motels. Third, the building itself is one of the tallest buildings in Greenpoint with excellent views of Brooklyn and most notably the skyline up and down Manhattan, including downtown and mid-town. Finally, the project is extremely well-situated next to a main subway line and two of the major Long Island thoroughfares, the Brooklyn Queens Expressway (“BQE”) and the Long Island Expressway (“LIE”). (See the map attached.)

Vision’s target market for this building is the entrepreneur/business owner who will best utilize open plan loft space and prefer the benefits and security of ownership rather than lease or rental. The building’s fair pricing, low common charges and 25 year tax abatement makes the commercial condo transaction a great deal rarely found in New York City.

For More information please call: Chen Shoshani at 212.563.1616 ext: 220