Industrial Warehouse with Drive-In
For Sale
$7,390,000
300 Kingsland Avenue, Brooklyn, NY 11222
Commercial Sale, Brooklyn, NY
Property Size16,119 SF
Lot Size0.37 Acres
Price / SF$458.47
Days on Market95
Property Features for 300 Kingsland Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M1-2
Elementary school district
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Middle school district
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High school district
Contact Agent
Standard status
Active
APN
02658-0052
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
95181
Utilities
Utilities
Electricity Available
Cooling system
Electric, Central Air
Building Details
Year built
1931
Listing Agency:
B Square Realty
(718) 939-8388
Listed By:
Yiwen Zhu
(929) 366-6682
Added: Jul 17
Changed: Oct 5
Last Checked: Oct 19 at 4:06PM
MLS# 1027674
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 16,119-square-foot industrial warehouse was built in 1931 and provides approximately 15-foot clear height, two drive-in roll-up doors, and two additional side entrances. Electrical capacity is approximately 200-400 amps, with electricity available and central air and electric cooling systems. The property is zoned M1-2 and has an existing lease extending through 2033.
Located at 300 Kingsland Avenue in Brooklyn, the facility connects to the BQE, Kosciuszko Bridge, Williamsburg Bridge, and Midtown Tunnel. Its Greenpoint setting provides access to Brooklyn, Queens, Manhattan, and Long Island. The building is suited to industrial, distribution, light-manufacturing, production, and creative uses.
Located at 300 Kingsland Avenue in Brooklyn, the facility connects to the BQE, Kosciuszko Bridge, Williamsburg Bridge, and Midtown Tunnel. Its Greenpoint setting provides access to Brooklyn, Queens, Manhattan, and Long Island. The building is suited to industrial, distribution, light-manufacturing, production, and creative uses.
Key Highlights
- 16,119 SF industrial warehouse at 300 Kingsland Avenue, Brooklyn, NY 11222
- Existing lease in place through 2033
- M1‑2 zoning with approximately 15‑foot clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$348,209
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,964,180
$7.0M
Cap Rate 7%
$4,974,414
$5.0M
Cap Rate 9%
$3,868,989
$3.9M
Market Conditions
NOI Build-Up for 16,119 SF
Gross rent
$429.4K $26.64/SF
− Vacancy
−$19.8K −$1.23/SF
EGI
$409.7K $25.41/SF
− OpEx
−$61.4K −$3.81/SF
NOI
$348.2K $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%
$6,964,180
Cap Rate 7%
$4,974,414
Cap Rate 9%
$3,868,989
Alternative Uses
Best Use
Warehouse
$4.97M
$4.35M – $5.80M
NOI $348,209 @ 7.0% cap · market cap 4.71%
Second Best
Industrial
$4.10M
$3.58M – $4.78M
NOI $286,760 @ 7.0% cap · market cap 3.88%
Theoretical Best
Specialty Retail
$13.35M
$11.68M – $15.57M
NOI $934,257 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
15 ft
Clear height
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,985
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 11222, NY
41,957
Population
21,917
Households
1.9
Avg Household Size
35
Median Age
65%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
27,971
Density / Sq Mi
$123,963
Median Household Income
$74,237
Median Earnings
$2,595
Median Rent
$1,245,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Crozier Fine Arts — 106 Bayard St, Brooklyn, NY 11222
- Moving Williamsburg — 444 Graham Ave, Brooklyn, NY 11211
- Arrow — 505 morgan ave, brooklyn, ny 11222
- Artful Transport — 49 Division Pl, Brooklyn, NY 11222
- Record Nations — 535 Morgan Ave, Brooklyn, NY 11222
Frequently Asked Questions
What type of property is this?
Warehouse - M1-2-zoned facility with durable industrial improvements, existing occupancy, and access to major Brooklyn, Queens, and Manhattan connections.
Where is this warehouse located?
The property is located at 300 Kingsland Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $7,390,000.
What are key features of this property?
This property features: 16,119 SF industrial warehouse at 300 Kingsland Avenue, Brooklyn, NY 11222; Existing lease in place through 2033; M1‑2 zoning with approximately 15‑foot clear height
