Warehouse with Mezzanine
1026 Sheffield Avenue, Brooklyn, NY 11207
For Sale
Contact for pricing
Industrial space pairs warehouse capacity with a finished office area and drive-in loading.
Property Size8,000 SF
Lot Size0.18 Acres
Price / SF$425
Days on Market59
Property Features for 1026 Sheffield Avenue
General Information
Standard status
Size
Lot size
Property subtype
Warehouse & Industrial
Clear Height
Office Build-Out
Mezzanine
Power
Three-Phase Power
Additional Details
Asking Price
Building Details
Year Built
Buildings
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Jakub Nowak · License NY #10301211147
(718) 475-4353
Source:
Crexi
Added: Sep 17
Changed: Nov 11
Last Checked: Nov 12 at 7:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan
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Investment Insights
Based on property information with market context.
Built in 2009, this industrial warehouse contains approximately 8,000 square feet, plus a 500-square-foot finished mezzanine office. The main floor offers clear heights ranging from 22 to 25 feet, with drive-in loading through a gate with 14 feet of clearance. Electrical service is 1,200-amp, three-phase. The property occupies an 80-by-100-foot lot at 1026 Sheffield Avenue in Brooklyn. Warehousing and wholesale operations are identified as potential uses, along with permitted light manufacturing.
Key Highlights
- Approximately 8,000‑square‑foot warehouse with a 500‑square‑foot mezzanine office
- Main‑floor clear heights of 22 to 25 feet
- Drive‑in loading with 14‑foot gate clearance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,819
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,456,380
$3.5M
Cap Rate 7%
$2,468,843
$2.5M
Cap Rate 9%
$1,920,211
$1.9M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$213.1K $26.64/SF
− Vacancy
−$9.8K −$1.23/SF
EGI
$203.3K $25.41/SF
− OpEx
−$30.5K −$3.81/SF
NOI
$172.8K $21.60/SF
Area
Brooklyn, NY
Vacancy
4.60%
Lease Rate
$26.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,456,380
Cap Rate 7%
$2,468,843
Cap Rate 9%
$1,920,211
Alternative Uses
Best Use
Warehouse
$2.47M
$2.16M – $2.88M
NOI $172,819 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.62M
$5.80M – $7.73M
NOI $463,680 @ 7.0% cap · market cap 13.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
25 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,440
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Brooklyn, NY
Properties on Market for Warehouses in Brooklyn
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial space pairs warehouse capacity with a finished office area and drive-in loading.
Where is this warehouse located?
The property is located at 1026 Sheffield Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Approximately 8,000‑square‑foot warehouse with a 500‑square‑foot mezzanine office; Main‑floor clear heights of 22 to 25 feet; Drive‑in loading with 14‑foot gate clearance
