Warehouse with
For Sale
$2,500,000
133 29th Street, Brooklyn, NY 11232
Commercial, Brooklyn, NY
Property Size4,675 SF
Lot Size0.06 Acres
Price / SF$534.76
Days on Market139
Property Features for 133 29th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M1-2D
Basement
Unfinished
Subdivision
Sunset Park
Standard status
Active
Size
4,675 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
23000
Building Details
Number of units
2
Flooring type
Concrete
Building materials
Brick
Roof type
Flat
Listing Agency:
BHHS Fillmore R.E.
Listed By:
Gus Ktistakis
(718) 377-6161
Added: Jun 9
Changed: Oct 10
Last Checked: Oct 25 at 7:06PM
MLS# 502167
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multi-level warehouse contains 4,675 square feet of property area, with space distributed across first-floor, second-floor, and basement levels. The building includes an upper-level terrace and additional basement area, while concrete flooring, brick construction, and a flat roof provide the primary physical specifications. The first-floor lease has five years remaining, and the second floor is also generating rent.
The property is located at 133 29th Street in Brooklyn, within the 11232 ZIP code and Kings County. M1-2D zoning provides the stated land-use designation for the asset. Its multi-level layout and existing lease activity support evaluation as an income-producing warehouse property.
The property is located at 133 29th Street in Brooklyn, within the 11232 ZIP code and Kings County. M1-2D zoning provides the stated land-use designation for the asset. Its multi-level layout and existing lease activity support evaluation as an income-producing warehouse property.
Key Highlights
- 4,675‑square‑foot warehouse property
- Multi‑level configuration with first floor, second floor, and basement
- Second‑floor terrace included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,991
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,019,820
$2.0M
Cap Rate 7%
$1,442,729
$1.4M
Cap Rate 9%
$1,122,122
$1.1M
Market Conditions
NOI Build-Up for 4,675 SF
Gross rent
$124.5K $26.64/SF
− Vacancy
−$5.7K −$1.23/SF
EGI
$118.8K $25.41/SF
− OpEx
−$17.8K −$3.81/SF
NOI
$101.0K $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%
$2,019,820
Cap Rate 7%
$1,442,729
Cap Rate 9%
$1,122,122
Alternative Uses
Best Use
Warehouse
$1.44M
$1.26M – $1.68M
NOI $100,991 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.87M
$3.39M – $4.52M
NOI $270,963 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20 ft
Clear height
Location Intelligence
Trade Area within ½ mile
3,665
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Downtown Self Storage Units — 886 5th Ave #1f, Brooklyn, NY 11232
- my box moving — 210 42nd St, Brooklyn, NY 11232
- Mobile Self Storage — 210 42nd St, Brooklyn, NY 11232
- Manhattan Mini Storage — 980 4th Ave, Brooklyn, NY 11232
- Braha Moving Systems — 254 36th St Suite B515, Brooklyn, NY 11232
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-level warehouse with basement space, brick construction, and a flat roof in Brooklyn’s M1-2D district.
Where is this warehouse located?
The property is located at 133 29th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 4,675‑square‑foot warehouse property; Multi‑level configuration with first floor, second floor, and basement; Second‑floor terrace included
