Brooklyn Warehouse with Vacant
857 Meeker Avenue Brooklyn, NY 11222
For Sale
$6,999,000
COMMERCIAL - Brooklyn, NY
Property Size10,000 SF
Lot Size0.27 Acres
Price / SF$699.90
Days on Market227
Property Features for 857 Meeker Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- M3-1
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Annual Amount
- 64072
Building Details
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
Winzone Realty Inc
(718) 676-6611
Listed By:
Xiao Feng Pan
(718) 676-6611
Added: Dec 9, 2025
Changed: Apr 30
Last Checked: Jul 24 at 2:06AM
MLS# 497772
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.
This two-story brick warehouse is located in the Greenpoint neighborhood of Brooklyn, New York. The corner property, totaling 10,000 square feet, can be delivered vacant. It includes a 6,950-square-foot side lot with cement pavement. The first floor is suitable for heavy manufacturing. The second floor features an office area. The building has cement floors and three entry gates (10ft x 10ft) with two loading docks. There are two street entry gates with dropped curbs accessible from Maker Avenue and Varick St. The total as-built floor area is 10,038 square feet, with a remaining buildable floor area of 13,862 square feet. The roof height is 29 feet, and the ceiling clearance is 12 feet. A wet sprinkler system is in place. The property features heavy electric power with three phases. The property is zoned M3-1. It is suitable for investment or owner use.
Key Highlights
- Vacant corner property in Greenpoint, Brooklyn, ready for immediate use or investment.
- Large 6,950 sq ft side lot with cement pavement provides ample outdoor space.
- First floor features heavy manufacturing capability with heavy electric power (three phases).
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 | $266.4k | $26.64 |
| − Vacancy | −$12.3k | −$1.23 |
| EGI | $254.1k | $25.41 |
| − OpEx | −$38.1k | −$3.81 |
| NOI | $216.0k | $21.60 |
10,000 SF · lease $26.64/SF/yr · vacancy 4.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.09M
$2.70M – $3.60M
NOI $216,024 @ 7.0% cap · market cap 3.09%
Second Best
Industrial
$2.54M
$2.22M – $2.97M
NOI $177,902 @ 7.0% cap · market cap 2.54%
Theoretical Best
Specialty Retail
$8.28M
$7.25M – $9.66M
NOI $579,600 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
FAQs
What type of property is this?
Manufacturing property - Two-story Brooklyn warehouse with vacant lot for sale.
Where is this manufacturing property located?
The property is located at 857 Meeker Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $6,999,000.
What are key features of this property?
This property features: Vacant corner property in Greenpoint, Brooklyn, ready for immediate use or investment.; Large 6,950 sq ft side lot with cement pavement provides ample outdoor space.; First floor features heavy manufacturing capability with heavy electric power (three phases).
