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    121 Morgan Ave Brooklyn, NY 11237

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    For Sale
    Contact for pricing

    Prime industrial/commercial property near Morgan Avenue L train station.

    Property size:
    52,974 SF
    Lot size:
    1.11 Acres

    Property Features for 121 Morgan Ave

    General Information

    Size
    52,974 SF
    Lot size
    1.11 Acres

    Source: Pinnacle Realty Agent Decio Baio

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

    Overview

    Brooklyn Industrial/Commercial Facility For Sale

    This industrial/commercial facility is located one block from the Morgan Avenue L train subway station in Bushwick, Brooklyn, offering convenient access to Manhattan. The property is also located minutes from the BQE/LIE and major roadways servicing the outer boroughs of NYC and the tristate metropolitan area. Situated in an M3-1 zoning district, the property allows for up to 2.0 FAR or 97,570 square feet of industrial/commercial development. The generously sized, two-street lot features 285 feet of frontage on both Morgan Avenue and Johnson Avenue, providing effortless site access. Located in a designated IBZ zone, the property is well-positioned to service the growing demand for e-commerce, last-mile distribution, studios, and entertainment venues. The property size is 52,974 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    T Ie Moving & Storage Co, UOVO Brooklyn, ​Preferred Self Storage Unit, ​Preferred Self Storage Unit, Brooklyn Mayd Powersports

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.933516
    Latitude
    40.708785

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    FAQs

    What type of property is this?
    Warehouse - Prime industrial/commercial property near Morgan Avenue L train station.
    Where is this warehouse located?
    The property is located at 121 Morgan Ave Brooklyn, NY.
    What are key features of this property?
    This property features: - Prime location: **Just 1 block from the Morgan Avenue L train station for quick Manhattan access.**; - M3-1 zoning: **Allows for significant industrial/commercial development up to 97,570 sq. ft. (2.0 FAR).**; - Excellent accessibility: Minutes from the BQE/LIE and major roadways.
    (718) 784-8282
    Request Owner's contact information
    121 Morgan Ave Brooklyn, NY 11237
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    Brooklyn, NY 11237
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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
    121 Morgan Ave Brooklyn, NY 11237
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