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    15 Portal St Brooklyn, NY 11233

    New
    For Sale
    $3,950,000

    Warehouse - Brooklyn, NY

    Type:Warehouse
    Property size:
    9,378 SF
    Lot size:
    0.22 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 10 at 10:06 am

    Property Features for 15 Portal St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Warehouse
    Standard status
    Active
    Zoning
    R6
    Size
    9,378 SF
    Lot size
    0.22 Acres

    Building Details

    Floors in Building
    2
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Bergen Basin Realty (718) 763-4110

    Listing agent Kevin Stile (718) 763-4110

    Listing date Dec 9, 2025

    MLS# 497787 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Warehouse Development Opportunity

    This corner warehouse is located in the Crown Heights area, bordering Brownsville in Brooklyn, NY. The lot measures 78.08 x 101.92 feet. Zoned R6, it offers a residential FAR of 2.43, equating to 22,789 buildable square feet. There is also an option for facility use with a FAR of 4.8, allowing for 45,014 buildable square feet. The location is situated within an opportunity zone and an SBA Hub-zone. The property is suitable for buyers needing warehouse space. It is close to transportation and major roads. The building is vacant and presents a development opportunity.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.924256
    Latitude
    40.666653

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    FAQs

    What type of property is this?
    Commercial land - Corner warehouse in Crown Heights with significant development potential.
    Where is this commercial land located?
    The property is located at 15 Portal St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: - Prime development site on the Crown Heights/Brownsville border.; - R6 zoning with residential FAR of 2.43 (22,789 buildable sq ft).; - Option for facility use FAR of 4.8 (45,014 buildable sq ft).
    (718) 763-4110
    Request Owner's contact information
    15 Portal St Brooklyn, NY 11233
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    Brooklyn, NY 11233
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Portal St Brooklyn, NY 11233
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