Warehouse With
For Sale
Contact for pricing
697-719 Livonia Avenue, Brooklyn, NY 11207
Industrial warehouse with an outdoor yard and frontage on three streets.
Property Size15,000 SF
Lot Size0.46 Acres
Price / SF$433.33
Days on Market58
Property Features for 697-719 Livonia Avenue
General Information
Standard status
Active
Size
15,000 SF
Lot size
0.46 Acres
Property subtype
Industrial
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Additional Details
Warehouse Space
15,000 SF
Building Details
Building Size
15,000 SF
Listing Agency:
Knickerbocker Realty Group LLC
Listed By:
Jacques Wadler · License #10491208445
(516) 650-1123
Source:
Crexi
Added: Sep 4
Changed: Oct 26
Last Checked: Oct 30 at 12:46PM
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 Knickerbocker Realty Group LLC
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 property includes a 15,000 SF warehouse building measuring 200' by 75', together with a 5,000 SF yard measuring 25' by 200'. The improvements occupy a 20,000 SF lot with dimensions of 200' by 100'.
Three-block frontage extends along Livonia Avenue, Wyona Street, and Bradford Street. The property is located two blocks from the Van Siclen Ave / Livonia Ave subway station in Brooklyn’s East New York area.
Three-block frontage extends along Livonia Avenue, Wyona Street, and Bradford Street. The property is located two blocks from the Van Siclen Ave / Livonia Ave subway station in Brooklyn’s East New York area.
Key Highlights
- 15,000 SF warehouse building with 200' by 75' dimensions
- 5,000 SF yard measuring 25' by 200'
- 20,000 SF lot with 200' by 100' dimensions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$324,036
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,480,720
$6.5M
Cap Rate 7%
$4,629,086
$4.6M
Cap Rate 9%
$3,600,400
$3.6M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$399.6K $26.64/SF
− Vacancy
−$18.4K −$1.23/SF
EGI
$381.2K $25.41/SF
− OpEx
−$57.2K −$3.81/SF
NOI
$324.0K $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%
$6,480,720
Cap Rate 7%
$4,629,086
Cap Rate 9%
$3,600,400
Alternative Uses
Best Use
Warehouse
$4.63M
$4.05M – $5.40M
NOI $324,036 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$12.42M
$10.87M – $14.49M
NOI $869,400 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,567
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Soliespace: Furniture's home away from home. — 746 Snediker Ave, Brooklyn, NY 11208
- CubeSmart Self Storage — 486 Stanley Ave, Brooklyn, NY 11207
- StorQuest Self Storage — 507 Osborn St, Brooklyn, NY 11212
- Life Storage — 252 Newport St, Brooklyn, NY 11212
- Self Storage — 2001 Linden Blvd, Brooklyn, NY 11207
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with an outdoor yard and frontage on three streets.
Where is this warehouse located?
The property is located at 697-719 Livonia Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 15,000 SF warehouse building with 200' by 75' dimensions; 5,000 SF yard measuring 25' by 200'; 20,000 SF lot with 200' by 100' dimensions
