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    29 53Rd St Brooklyn, NY 11203

    For Sale
    Contact for pricing

    35,000 SF Brooklyn warehouse suitable for redevelopment.

    Property size:
    35,000 SF
    Lot size:
    0.71 Acres

    Property Features for 29 53Rd St

    General Information

    Size
    35,000 SF
    Lot size
    0.71 Acres

    Source: Greiner-Maltz Real Estate - Corporate Agent Ryan Maltz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Warehouse with Development Potential

    This 35,000 square foot warehouse is located in Brooklyn, New York. The property is zoned M3-1, allowing for construction up to 60,000 square feet. It features two drive-in doors and is fully sprinklered with a dry system. The property has heavy power and gas utilities. Real estate taxes are $123,320 per annum, which equates to $3.52 per square foot.
    Insight Report Location Intelligence

    Current Use by Public Records

    UTZ Quality Foods ... Food Products Supplier Clem Snacks Inc Food Products Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Preaky Storage Facility, Alliance Transfer, ​Preferred Self Storage Unit, Extra Space Storage, Extra Space Storage

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.928
    Latitude
    40.65952

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    FAQs

    What type of property is this?
    Warehouse - 35,000 SF Brooklyn warehouse suitable for redevelopment.
    Where is this warehouse located?
    The property is located at 29 53Rd St Brooklyn, NY.
    What are key features of this property?
    This property features: - Buildable to 60,000 sf with M3-1 Zoning; - Two drive-in doors provide easy access; - Heavy power & gas utilities available
    (718) 786-5050
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    29 53Rd St Brooklyn, NY 11203
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    Brooklyn, NY 11203
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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
    29 53Rd St Brooklyn, NY 11203
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