Multi-Story Industrial
201 46th St Brooklyn, NY 11220
New
201 46th St, Brooklyn, NY, 11220
$18,800,000
For Sale
$18,800,000
Multi-level industrial warehouse with dock-high loading, drive-in doors, and office space, zoned M1-2D and in an Opportunity Zone.
Property Size52,000 SF
Lot Size3.00 Acres
Price / SF$361.54
Days on Market3
Property Features for 201 46th St
General Information
- Standard status
- Active
- Size
- 52,000 SF
- Lot size
- 3.00 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1900
Listing Agency
Sany Realty Group LLC
(917) 238-7878
Listed by
Ren Wang
(917) 238-7878
Source
Elliman
Added: Jul 19 Updated: Jul 20 at 1:46 am Checked: Jul 20 at 1:46 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 Sany Realty Group LLC
Investment Insights
Based on property information with market context.
This multi-story industrial warehouse offers a combined warehouse, office, and commercial layout intended for manufacturing, distribution, showroom, logistics, storage, and related commercial operations. The building includes 3 dock-high loading docks, 5 drive-in doors, and a freight elevator, along with approximately 12-foot clear ceiling heights and on-site parking.
The site benefits from dual street frontage on 45th Street and 46th Street, supporting efficient access for deliveries and operations. The property is located in an Opportunity Zone and zoned M1-2D.
Currently leased to a mix of warehouse, office, showroom, and commercial tenants, the asset provides in-place income. Additional air rights are referenced as subject to verification. Financials are available upon request, and showings are by appointment only.
The site benefits from dual street frontage on 45th Street and 46th Street, supporting efficient access for deliveries and operations. The property is located in an Opportunity Zone and zoned M1-2D.
Currently leased to a mix of warehouse, office, showroom, and commercial tenants, the asset provides in-place income. Additional air rights are referenced as subject to verification. Financials are available upon request, and showings are by appointment only.
Key Highlights
- Multi‑story industrial warehouse with approx. 52,000 SF warehouse, office, and commercial space on an approx. 26,033 SF lot (built 1900).
- Loading and access: 3 dock‑high loading docks, 5 drive‑in doors, and a freight elevator.
- Approximately 12‑foot clear ceiling heights with flexible multi‑level warehouse and office space for manufacturing, distribution, storage, and commercial use.
Local Financial Insights For Office B
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 | $2.62M | $50.40 |
| − Vacancy | −$550.4k | −$10.58 |
| EGI | $2.07M | $39.82 |
| − OpEx | −$517.6k | −$9.95 |
| NOI | $1.55M | $29.86 |
52,000 SF · lease $50.40/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$22.18M
$19.41M – $25.88M
NOI $1,552,824 @ 7.0% cap · market cap 8.26%
Second Best
Warehouse
$18.75M
$16.41M – $21.88M
NOI $1,312,846 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$33.71M
$29.50M – $39.33M
NOI $2,359,718 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Major Building Supply
Building Supply
NARS Foundation
Theater & Performing Art Venue
Enel Management Corp.
Property Management Company
Sunlight Construction AA ...
Construction Company
Nikolina Kovalenko Art ...
Art Studio
Similar For Sale Nearby
Similar Off Market Nearby
- DEE THE ON SITE CATERER LLC — 980 Schenectady Ave #11203-4212, Brooklyn, NY 11203
- CATERING BRIDGE — 95-49 E 43rd St, Brooklyn, NY 11203
- fit food — 775 New York Ave, Brooklyn, NY 11203
- Remys goods — 628 Lenox Rd, Brooklyn, NY 11203
- Pinkflavors — 293 E 45th St, Brooklyn, NY 11203
FAQs
What type of property is this?
Flex space - Multi-level industrial warehouse with dock-high loading, drive-in doors, and office space, zoned M1-2D and in an Opportunity Zone.
Where is this flex space located?
The property is located at 201 46th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $18,800,000.
What are key features of this property?
This property features: Multi‑story industrial warehouse with approx. 52,000 SF warehouse, office, and commercial space on an approx. 26,033 SF lot (built 1900).; Loading and access: 3 dock‑high loading docks, 5 drive‑in doors, and a freight elevator.; Approximately 12‑foot clear ceiling heights with flexible multi‑level warehouse and office space for manufacturing, distribution, storage, and commercial use.
