One-Story Commercial Warehouse with Dual
173 Veronica Place Brooklyn, NY 11226
173 Veronica Place, Brooklyn, NY, 11226
$1,289,000
For Sale
$1,289,000
COMMERCIAL - Brooklyn, NY
Property Size2,850 SF
Lot Size0.07 Acres
Price / SF$452.28
Days on Market109
Property Features for 173 Veronica Place
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R-6
- Parking features
- Garage
- Standard status
- Active
- Size
- 2,850 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13875
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Ceramic
- Building materials
- Brick
- Roof type
- Flat
Listing Agency
Pullini Realty Corp.
(718) 621-1446
1406 W 3rd Street, Brooklyn, NY
Listed by
Lisa Pullini · License #10311200451
(718) 621-1446
Added: Apr 1 Checked: Jul 18 at 9:06 am
MLS# 500169
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located at 173 Veronica Place in Brooklyn (also known as 992 Rogers Avenue), this one-story commercial warehouse is offered for sale on a 25 x 119.67 lot. The property includes building entrances on Rogers Avenue and on Veronica Place, and offers owner parking on the Rogers Avenue side.
The site is designated R-6/C2-3 zoning, with the listing indicating potential for building condos and/or development. Access to transit is described nearby, including entrances for the 2 and 5 trains at the Beverly Road or Church Avenue, along with bus entrances at Rogers Avenue and Tilden Avenue, and at Rogers Avenue and Beverly Road.
Schools listed as nearby include Stanley Eugene Clark P.S. 399, Mid School 246 Walt Whitman, New Vision Arm Charter High School, and Brooklyn Kids Preparatory School. The listing also notes proximity to “Kings” theatre, Prospect Park, Brooklyn Botanical Garden, shopping, house of worship, and playgrounds, with a short commute into NYC by train.
The site is designated R-6/C2-3 zoning, with the listing indicating potential for building condos and/or development. Access to transit is described nearby, including entrances for the 2 and 5 trains at the Beverly Road or Church Avenue, along with bus entrances at Rogers Avenue and Tilden Avenue, and at Rogers Avenue and Beverly Road.
Schools listed as nearby include Stanley Eugene Clark P.S. 399, Mid School 246 Walt Whitman, New Vision Arm Charter High School, and Brooklyn Kids Preparatory School. The listing also notes proximity to “Kings” theatre, Prospect Park, Brooklyn Botanical Garden, shopping, house of worship, and playgrounds, with a short commute into NYC by train.
Key Highlights
- R‑6/C2‑3 Zoning allows for condo building and/or development.
- Located on a 25 x 119.67 lot.
- Two entrances: one on Rogers Avenue and one on Veronica Place.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.9k | $21.00 |
| − Vacancy | −$1.7k | −$0.59 |
| EGI | $58.2k | $20.41 |
| − OpEx | −$8.7k | −$3.06 |
| NOI | $49.4k | $17.35 |
2,850 SF · lease $21.00/SF/yr · vacancy 2.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$706.4K
$618.1K – $824.1K
NOI $49,448 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,605 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - One-story warehouse includes entrances on Rogers Avenue and Veronica Place, with owner parking on the Rogers side.
Where is this warehouse located?
The property is located at 173 Veronica Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,289,000.
What are key features of this property?
This property features: R‑6/C2‑3 Zoning allows for condo building and/or development.; Located on a 25 x 119.67 lot.; Two entrances: one on Rogers Avenue and one on Veronica Place.
