Warehouse with Truck-Accessible Roll-Up
259 48th St Brooklyn, NY 11220
For Sale
$3,780,000
Freestanding Brooklyn warehouse with high ceilings and a 400-amp roll-up loading gate for direct truck access.
Property Size7,000 SF
Price / SF$540
Days on Market42
Property Features for 259 48th St
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1985
Listing Agency:
Fang Fang Realty Inc
(718) 676-2518
Listed By:
Hong (Andy) Pan
(718) 676-2518
Source:
Elliman
Added: Jun 15
Changed: Jul 10
Last Checked: Jul 25 at 11:48AM
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 Fang Fang Realty Inc
Investment Insights
Based on property information with market context.
This freestanding warehouse property includes approximately 7,000 square feet of total space, with 5,000 square feet on the ground floor and an additional 2,000 square feet on the second floor. The facility offers 24-foot-high ceilings, providing flexibility for storage, distribution, and warehouse operations. A key feature is the 400-amp power roll-up gate, designed to allow large vehicles to enter the building for straightforward loading and unloading.
The property is located at 259 48th St in Brooklyn, on 2nd Avenue and 48th Street. It sits on a lot and building size of 50 x 100. Transportation accessibility is supported by nearby N, R, and W subway stations and the B11 and B37 bus stops, with Walk Score 95, Transit Score 95, and Bike Score 76 indicating strong day-to-day connectivity.
For owner-users and investors seeking warehouse space, the combination of direct truck-access loading and tall interior clear height can support a range of distribution and storage needs. The split between ground and second-floor areas may also work well for organizations that want to separate receiving and operations from additional storage or workspace within the same facility.
The property is located at 259 48th St in Brooklyn, on 2nd Avenue and 48th Street. It sits on a lot and building size of 50 x 100. Transportation accessibility is supported by nearby N, R, and W subway stations and the B11 and B37 bus stops, with Walk Score 95, Transit Score 95, and Bike Score 76 indicating strong day-to-day connectivity.
For owner-users and investors seeking warehouse space, the combination of direct truck-access loading and tall interior clear height can support a range of distribution and storage needs. The split between ground and second-floor areas may also work well for organizations that want to separate receiving and operations from additional storage or workspace within the same facility.
Key Highlights
- Freestanding Brooklyn warehouse built in 1985 on a 50' x 100' lot with about 7,000 SF total space
- Layout includes 5,000 SF ground floor and 2,000 SF second floor
- 24‑foot‑high ceilings support flexible warehouse, storage, distribution, or business uses
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 | $218.4k | $31.20 |
| − Vacancy | −$10.5k | −$1.50 |
| EGI | $207.9k | $29.70 |
| − OpEx | −$31.2k | −$4.46 |
| NOI | $176.7k | $25.25 |
7,000 SF · lease $31.20/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.52M
$2.21M – $2.95M
NOI $176,729 @ 7.0% cap · market cap 4.68%
Second Best
Industrial
$2.23M
$1.95M – $2.60M
NOI $156,243 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$4.54M
$3.97M – $5.29M
NOI $317,654 @ 7.0% cap · market cap 8.40%
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 - Freestanding Brooklyn warehouse with high ceilings and a 400-amp roll-up loading gate for direct truck access.
Where is this warehouse located?
The property is located at 259 48th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,780,000.
What are key features of this property?
This property features: Freestanding Brooklyn warehouse built in 1985 on a 50' x 100' lot with about 7,000 SF total space; Layout includes 5,000 SF ground floor and 2,000 SF second floor; 24‑foot‑high ceilings support flexible warehouse, storage, distribution, or business uses
