One-Story Commercial Warehouse
173 VERONICA PL Brooklyn, NY 11226
New
173 VERONICA PL, Brooklyn, NY, 11226
$1,289,000
For Sale
$1,289,000
One-story warehouse on a 25 x 119.67 lot with R-6/C2-3 zoning, with entrances on Rogers Avenue and Veronica Place.
Property Size2,850 SF
Lot Size0.07 Acres
Price / SF$452.28
Days on Market2
Property Features for 173 VERONICA PL
General Information
- Standard status
- Active
- Size
- 2,850 SF
- Lot size
- 0.07 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1930
Listing Agency
Pullini Realty Corp.
(718) 621-1446
Listed by
Lisa Pullini · License #10311200451
(718) 621-1446
Source
Xome
Added: Jul 17 Checked: Jul 18 at 2:37 am
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 Pullini Realty Corp.
Investment Insights
Based on property information with market context.
One-story commercial warehouse for sale on a 25 x 119.67 lot. The property includes an entrance to the building on Rogers Avenue and on Veronica Place, with parking available for the owner on the Rogers Avenue side of the property. R-6/C2-3 zoning is noted for building condos and/or development.
Transit and local amenities are nearby, with nearby entrances for the 2 and 5 trains referenced via Beverly Road or Church Avenue. Additional bus entrances are noted at Rogers Avenue and Tilden Avenue, along with Rogers Avenue and Beverly Road. Schools mentioned include Stanley Eugene Clark P.S. 399, Mid School 246 Walt Whitman, New Vision Arm Charter High School, and Brooklyn Kids Preparatory School.
The property is also described as being near Kings Theatre, Prospect Park, and Brooklyn Botanical Garden, with shopping, houses of worship, and playgrounds within the surrounding area. A short commute to NYC by train is also referenced in the remarks.
Transit and local amenities are nearby, with nearby entrances for the 2 and 5 trains referenced via Beverly Road or Church Avenue. Additional bus entrances are noted at Rogers Avenue and Tilden Avenue, along with Rogers Avenue and Beverly Road. Schools mentioned include Stanley Eugene Clark P.S. 399, Mid School 246 Walt Whitman, New Vision Arm Charter High School, and Brooklyn Kids Preparatory School.
The property is also described as being near Kings Theatre, Prospect Park, and Brooklyn Botanical Garden, with shopping, houses of worship, and playgrounds within the surrounding area. A short commute to NYC by train is also referenced in the remarks.
Key Highlights
- One‑story commercial warehouse on a 25 x 119.67 lot
- R‑6/C2‑3 zoning allows building condos and/or development
- Building entrances on Rogers Avenue and Veronica Place
Local 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 | $59.9k | $21.00 |
| − Vacancy | −$1.7k | −$0.59 |
| EGI | $58.2k | $20.41 |
| − OpEx | −$8.7k | −$3.06 |
| NOI | $49.4k | $17.35 |
2,850 SF · lease $21.00/SF/yr · vacancy 2.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$706.4K
$618.1K – $824.1K
NOI $49,448 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,605 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - One-story warehouse on a 25 x 119.67 lot with R-6/C2-3 zoning, with entrances on Rogers Avenue and Veronica Place.
Where is this warehouse located?
The property is located at 173 VERONICA PL Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,289,000.
What are key features of this property?
This property features: One‑story commercial warehouse on a 25 x 119.67 lot; R‑6/C2‑3 zoning allows building condos and/or development; Building entrances on Rogers Avenue and Veronica Place
