Brooklyn Warehouse in Sunset
For Sale
Contact for pricing
262-272 43rd St, Brooklyn, NY 11232
Single-story warehouse in a dense industrial area with strong growth.
Property Size12,150 SF
Lot Size0.25 Acres
Price / SF$493.83
Days on Market183
Property Features for 262-272 43rd St
General Information
Standard status
Active
Size
12,150 SF
Lot size
0.25 Acres
Property subtype
Industrial
Zoning
M1-2
Investment Type
Owner/User
Building Details
Buildings
1
Stories
1
Listing Agency:
SAB Capital
(646) 440-4250
Listed By:
Jake Torre · License #NY 10401280593
Source:
Crexi
Added: Feb 17
Changed: Aug 8
Last Checked: Aug 8 at 2:53PM
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 SAB Capital
Investment Insights
Based on property information with market context.
Located in the heart of Sunset Park, Brooklyn, the property at 262-272 43rd Street is situated between 2nd and 3rd Avenue. The single-story warehouse is built to 12,150 square feet on a 108 x 100 ft irregular lot and is split into two spaces. The property is located in a dense industrial area and provides access to multiple bus lines, D, N, R, W trains, the BQE, Prospect Expressway, Bely Parkway, and Battery Tunnel. This location presents an opportunity for owner-users, developers, and investors to purchase property in a section of Brooklyn where commercial rents are strong and growing.
Key Highlights
- Primely‑located in a section of Brooklyn where commercial rents remain strong and growing.
- Immediate access to multiple public transit options (bus lines, D, N, R, W trains).
- Immediate access to the BQE, Prospect Expressway, Bely Parkway and Battery Tunnel.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$262,469
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,249,380
$5.2M
Cap Rate 7%
$3,749,557
$3.7M
Cap Rate 9%
$2,916,322
$2.9M
Market Conditions
NOI Build-Up for 12,150 SF
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.
Gross rent
$323.7K $26.64/SF
− Vacancy
−$14.9K −$1.23/SF
EGI
$308.8K $25.41/SF
− OpEx
−$46.3K −$3.81/SF
NOI
$262.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,249,380
Cap Rate 7%
$3,749,557
Cap Rate 9%
$2,916,322
Alternative Uses
Best Use
Warehouse
$3.75M
$3.28M – $4.37M
NOI $262,469 @ 7.0% cap · market cap 4.37%
Second Best
Industrial
$3.09M
$2.70M – $3.60M
NOI $216,151 @ 7.0% cap · market cap 3.60%
Theoretical Best
Specialty Retail
$10.06M
$8.80M – $11.74M
NOI $704,214 @ 7.0% cap · market cap 11.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,800
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
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Thomaston Self Storage Facility — 1020 Rogers Ave 1st floor, Brooklyn, NY 11226
- Bright Prospect warehouse — 2913 Foster Ave Apt 5c, Brooklyn, NY 11210
- Righteousfix — 2811 Clarendon Rd, Brooklyn, NY 11226
- Preferred Self Storage Unit — 4615 church ave, brooklyn, ny 11203
- United Relocation NY — 453 E 54th St, Brooklyn, NY 11203
Frequently Asked Questions
What type of property is this?
Warehouse - Single-story warehouse in a dense industrial area with strong growth.
Where is this warehouse located?
The property is located at 262-272 43rd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Primely‑located in a section of Brooklyn where commercial rents remain strong and growing.; Immediate access to multiple public transit options (bus lines, D, N, R, W trains).; Immediate access to the BQE, Prospect Expressway, Bely Parkway and Battery Tunnel.
