Warehouse with Loading
220 Stewart Avenue #Front, Brooklyn, NY 11237
For Sale
Contact for pricing
A loading dock supports goods handling at this warehouse property.
Property Size3,000 SF
Price / SF$2.50
Days on Market40
Property Features for 220 Stewart Avenue #Front
General Information
Standard status
Size
Property subtype
Amenities
loading dock
Listing Agency:
Chase Global Realty Corp
(718) 355-8788
Listed By:
Ping Wang · License NY #10401388721
(646) 301-7453
Source:
Neilcharlesrealestate
Added: Oct 6
Changed: Nov 13
Last Checked: Nov 13 at 3:43PM
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 Chase Global Realty Corp
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.
The warehouse contains approximately 3,000 SF and is equipped with one loading dock. The space may accommodate storage, wholesale, e-commerce fulfillment, dry goods, building materials, or wood-related operations, subject to required approvals.
Electricity and property taxes are shared with the landlord. Showings require an appointment.
Electricity and property taxes are shared with the landlord. Showings require an appointment.
Key Highlights
- Approximately 3,000 SF of warehouse space
- One loading dock
- Electricity and property taxes are shared with the landlord
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,807
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,296,140
$1.3M
Cap Rate 7%
$925,814
$925.8K
Cap Rate 9%
$720,078
$720.1K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$79.9K $26.64/SF
− Vacancy
−$3.7K −$1.23/SF
EGI
$76.2K $25.41/SF
− OpEx
−$11.4K −$3.81/SF
NOI
$64.8K $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%
$1,296,140
Cap Rate 7%
$925,814
Cap Rate 9%
$720,078
Alternative Uses
Best Use
Warehouse
$925.8K
$810.1K – $1.08M
NOI $64,807 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,053
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11237, NY
49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Brooklyn, NY
Properties on Market for Warehouses in Brooklyn
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Cubcher Storage Facility — 371 Suydam St, Brooklyn, NY 11237
- Montrose Storage Units — 172 Montrose Ave 1st floor, Brooklyn, NY 11206
- Move EZ — 100 Bogart St Suite 35, Brooklyn, NY 11206
- CubeSmart Self Storage if Brooklyn — 74 Bogart St, Brooklyn, NY 11206
- THE WILLIAMSBURG BUSHWICK DOCK — 200 Morgan Ave, Brooklyn, NY 11237
Frequently Asked Questions
What type of property is this?
Warehouse - A loading dock supports goods handling at this warehouse property.
Where is this warehouse located?
The property is located at 220 Stewart Avenue #Front Brooklyn, NY.
What are key features of this property?
This property features: Approximately 3,000 SF of warehouse space; One loading dock; Electricity and property taxes are shared with the landlord
