FSH Shipping Moves to Bushwick Warehouse
The Bushwick section of Brooklyn grew into an enclave of young artists long ago. But the neighborhood once known as a hub for manufacturing apparently still draws interest from tenants who wear their trucker hats unironically.
FSH Shipping, a company specializing the importing and exporting of merchandise for 99-cents retail stores, has inked a deal for a 2,500-square-foot space at 301 Ten Eyck Street. It will occupy half of a one-story warehouse located between Waterbury Street and Morgan Avenue, according to brokers involved in the deal.
The 108-year-old real estate services firm Kalmon Dolgin Affiliates closed the deal for a rent close to the original asking price, which was about $3,600 a month, according to brokers.
Neil Dolgin, co-president of Kalmon Dolgin Affiliates, said the location was the main attraction to the property for the new tenant. He pointed out that the L subway line has had a strong impact on Williamsburg and Bushwick, making them more accessible and bringing “a very nice change” to both neighborhoods.
More than the diversity in cultures, however, the tenant appreciated how the warehouse at 301 Ten Eyck Street area is accessible to the Brooklyn-Queens Expressway. Much of the area also continues to be zoned for warehouses uses.
The presence of similar businesses in the area was another factor to convince FSH Shipping to finalize the deal. The warehouse was in good condition and ready for new tenants. The company didn’t waste time and was able to relocate quickly.
Kalmon Dolgin Affiliates broker Linda Wong represented both the tenant and the owner, Ten Eyck Associates, in the deal.