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New Commercial Building with Loading Dock

2322 W 7th St, Brooklyn, NY 11223

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For Sale

$2,390,000

New Brooklyn commercial building with loading dock and tax abatement.

Type:Industrial

Property size:

4,300 SF

Price / SF:

$555/SF

HighLights

25‑year tax abatement
Brand new construction (2024)
High ceilings with potential for a second floor (totaling approx. 8,600 sq ft)
Loading dock and private driveway
Ideally suited for auto body, warehouse, showroom, manufacturing, distribution, and various commercial/industrial uses
Excellent transit score (97) and walk score (94)

We can help!

Listing Contact

Jason Zhou

Learn more

For Sale

$2,390,000

New Brooklyn commercial building with loading dock and tax abatement.

Type:Industrial

Property size:

4,300 SF

Price / SF:

$555/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 3:17 pm

Property Features for 2322 W 7th St

General Information

Standard status: Active
Size: 4,300 SF
Property subtype: Industrial

Building Details

Year Built: 2024

We can help!

Listing Contact

Jason Zhou

Listing agent Jason Zhou License #10301217017

Listing office Womcore LLC dba Remax Edge

Listing date Apr 24, 2026

Source Elliman

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 Womcore LLC dba Remax Edge

HighLights

25‑year tax abatement
Brand new construction (2024)
High ceilings with potential for a second floor (totaling approx. 8,600 sq ft)
Loading dock and private driveway
Ideally suited for auto body, warehouse, showroom, manufacturing, distribution, and various commercial/industrial uses
Excellent transit score (97) and walk score (94)

Overview

This new commercial building, constructed in 2024, features a loading dock and private driveway. The property benefits from a 25-year tax abatement. The building offers approximately 4,300 square feet of space with extra-high ceilings, allowing for the potential construction of a second floor, adding another 4,300 square feet. It features poured concrete over steel beams throughout and a 400 amp electrical service. Located on 86th Street and W 7th Street in Brooklyn, the property is suitable for various commercial and industrial uses, including an auto body, collision, and repair shop, warehouse, showroom, manufacturing, and distribution. The location is considered a Walker's Paradise with a walk score of 94, and a Rider's Paradise with a transit score of 97. The bike score is 72, indicating it is Very Bikeable.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$334.4k	$77.76
− Vacancy	−$39.8k	−$9.25
EGI	$294.6k	$68.51
− OpEx	−$88.4k	−$20.55
NOI	$206.2k	$47.95

4,300 SF · lease $77.76/SF/yr · vacancy 11.90% · expense 30.00%

Alternative Uses

Best Use

Retail

$2.95M

$2.58M – $3.44M (±1% cap)

NOI $206,205 @ 7.0% cap · market cap 8.63%

Second Best

Warehouse

$1.33M

$1.16M – $1.55M (±1% cap)

NOI $92,890 @ 7.0% cap · market cap 3.89%

Theoretical Best

Specialty Retail

$3.56M

$3.12M – $4.15M (±1% cap)

NOI $249,228 @ 7.0% cap · market cap 10.43%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.96359
Latitude: 40.59386

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For sale
Industrial properties
NY
Brooklyn
11223
2322 W 7th St

What type of property is this?

Industrial property - New Brooklyn commercial building with loading dock and tax abatement.

Where is this industrial property located?

The property is located at 2322 W 7th St Brooklyn, NY.

What is the asking price?

The asking price for this property is $2,390,000.

What are key features of this property?

This property features: 25‑year tax abatement; Brand new construction (2024); High ceilings with potential for a second floor (totaling approx. 8,600 sq ft)