Industrial Warehouse with
697 Wyona St, Brooklyn, NY 11207
For Sale
New
Contact for pricing
Warehouse improvements include drive-in access, heavy power, and separately equipped on-site offices.
Property Size5,000 SF
Lot Size0.46 Acres
Price / SF$433.33
Days on Market3
Property Features for 697 Wyona St
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Road Access
Outdoor Storage
Utilities to Site
Warehouse & Industrial
Clear Height
Drive-In Doors
Heavy Power
Sprinkler System
Additional Details
Property Use
Building Details
Building Size
Listing Agency:
Knickerbocker Realty Group
(718) 928-0300
Listed By:
Vincent Lopez
(917) 523-5772
Source:
Moodyscre
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 12 at 2:45PM
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
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Investment Insights
Based on property information with market context.
A 5,000-square-foot industrial warehouse occupies a 20,000-square-foot lot and includes a 5,000-square-foot yard. The building has 13-foot clear ceilings, two drive-in gates, heavy power, gas heat, and sprinkler coverage. On-site office space has central air conditioning and heat.
The property spans the block between Bradford Street and Wyona Street, with frontage on Livonia Avenue, Wyona Street, and Bradford Street. The Van Siclen Avenue station on the 3 train is two blocks away. Zoning is R6/C2-3, with approximately 44,000 buildable square feet of as-of-right residential development potential. The site can continue in industrial use or support redevelopment.
The property spans the block between Bradford Street and Wyona Street, with frontage on Livonia Avenue, Wyona Street, and Bradford Street. The Van Siclen Avenue station on the 3 train is two blocks away. Zoning is R6/C2-3, with approximately 44,000 buildable square feet of as-of-right residential development potential. The site can continue in industrial use or support redevelopment.
Key Highlights
- 5,000‑square‑foot warehouse on a 20,000‑square‑foot lot
- 5,000‑square‑foot yard, 13‑foot clear ceilings, and two drive‑in gates
- Heavy power, gas heat, and sprinkler coverage
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
Industrial
$3.81M
$3.34M – $4.45M
NOI $266,853 @ 7.0% cap · market cap 4.11%
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.
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Property Analytics
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Current Use
Lease Details
13 ft
Clear height
2
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,252
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
$657,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Brooklyn, NY
Properties on Market for Warehouses in Brooklyn
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse improvements include drive-in access, heavy power, and separately equipped on-site offices.
Where is this warehouse located?
The property is located at 697 Wyona St 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: 5,000‑square‑foot warehouse on a 20,000‑square‑foot lot; 5,000‑square‑foot yard, 13‑foot clear ceilings, and two drive‑in gates; Heavy power, gas heat, and sprinkler coverage
