273 Russell St, Brooklyn, NY 11222
Industrial/Flex building in Greenpoint with development potential and transit access.
- Added:
- Feb 27, 2026
- Days on Market:
- 129
- Last Refresh:
- Jun 28 at 9:45 pm
Property Features for 273 Russell St
General Information
- Standard status
- Active
- Size
- 9,033 SF
- Property subtype
- Industrial
Listing office Matthews
Listing date Feb 27, 2026
Source Crexi
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 Matthews
HighLights
- Prime Greenpoint Location
- Industrial/Flex Building
- Development Upside
- Excellent Transit Access
Overview
Local Financial Insights For Flex RnD
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 | $379.4k | $42.00 |
| − Vacancy | −$45.5k | −$5.04 |
| EGI | $333.9k | $36.96 |
| − OpEx | −$116.9k | −$12.94 |
| NOI | $217.0k | $24.02 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Pheasant Catering — 57 Driggs Ave, Brooklyn, NY 11222
- Regina Caterers — 86 Beadel St, Brooklyn, NY 11222
- Purslane — 113 Franklin St, Brooklyn, NY 11222
- Zetko — 58 Dobbin St, Brooklyn, NY 11222
- New York Sushi Club — 119 N 11th St, Brooklyn, NY 11249
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.945482
- Latitude
- 40.731136
