Industrial Warehouse with Roll-Up
300 Kingsland Ave Brooklyn, NY 11222
For Sale
$7,390,000
Industrial warehouse offering approximately 15-foot clear height and multiple entrances, leased through 2033 in M1-2 zoning.
Property Size16,119 SF
Price / SF$458.47
Days on Market9
Property Features for 300 Kingsland Ave
General Information
Standard status
Active
Size
16,119 SF
Property subtype
Industrial
Building Details
Year Built
1931
Listing Agency:
B Square Realty
(929) 366-6682
Listed By:
Yiwen Zhu · License #1027686
(929) 366-6682
Source:
Elliman
Added: Jul 20
Changed: Jul 21
Last Checked: Jul 27 at 6:28AM
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 B Square Realty
Investment Insights
Based on property information with market context.
Industrial warehouse totaling 16,119 SF, currently under an existing lease through 2033. The space provides approximately 15-foot clear height, two drive-in roll-up doors, and two additional side entrances. Power service is listed at approximately 200–400 amps, supporting a range of industrial and production-oriented uses.
The property is in Greenpoint, Brooklyn with access to the BQE and major crossings including the Kosciuszko Bridge, Williamsburg Bridge, and Midtown Tunnel, connecting to Brooklyn, Queens, Manhattan, and Long Island.
Zoned M1-2, the property is described as suitable for industrial, distribution, light-manufacturing, production, and creative uses, with stable in-place income per the current lease terms.
The property is in Greenpoint, Brooklyn with access to the BQE and major crossings including the Kosciuszko Bridge, Williamsburg Bridge, and Midtown Tunnel, connecting to Brooklyn, Queens, Manhattan, and Long Island.
Zoned M1-2, the property is described as suitable for industrial, distribution, light-manufacturing, production, and creative uses, with stable in-place income per the current lease terms.
Key Highlights
- 16,119 SF industrial warehouse in Greenpoint, Brooklyn
- Existing lease in place through 2033 with annual rent of $27/SF
- M1‑2 zoning; approximately 15‑foot clear height
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 | $429.4k | $26.64 |
| − Vacancy | −$19.8k | −$1.23 |
| EGI | $409.7k | $25.41 |
| − OpEx | −$61.4k | −$3.81 |
| NOI | $348.2k | $21.60 |
16,119 SF · lease $26.64/SF/yr · vacancy 4.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.97M
$4.35M – $5.80M
NOI $348,209 @ 7.0% cap · market cap 4.71%
Second Best
Industrial
$4.10M
$3.58M – $4.78M
NOI $286,760 @ 7.0% cap · market cap 3.88%
Theoretical Best
Specialty Retail
$13.35M
$11.68M – $15.57M
NOI $934,257 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Crozier Fine Arts — 106 Bayard St, Brooklyn, NY 11222
- Arrow — 505 morgan ave, brooklyn, ny 11222
- Moving Williamsburg — 444 Graham Ave, Brooklyn, NY 11211
- Artful Transport — 49 Division Pl, Brooklyn, NY 11222
- Record Nations — 535 Morgan Ave, Brooklyn, NY 11222
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse offering approximately 15-foot clear height and multiple entrances, leased through 2033 in M1-2 zoning.
Where is this warehouse located?
The property is located at 300 Kingsland Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $7,390,000.
What are key features of this property?
This property features: 16,119 SF industrial warehouse in Greenpoint, Brooklyn; Existing lease in place through 2033 with annual rent of $27/SF; M1‑2 zoning; approximately 15‑foot clear height
