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    103 Powell St Brooklyn, NY 11212

    Sponsored
    For Sale
    $550,000

    Prime Brooklyn warehouse, auto shop business included.

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,000-square-foot industrial property at 103 Powell Street in Brooklyn, New York, presents a unique investment opportunity. Located in Kings County (Brooklyn), zip code 11212, this single-story building sits on a 100-square-foot lot. The property features a ceiling height ranging from 16 to 20 feet, providing ample vertical space for various uses. Currently operating as a thriving auto body and repair shop for 14 years, the business is included in the sale, complete with new equipment. A newly signed 10-year lease ensures long-term stability and income potential. This turnkey operation offers immediate revenue generation and significant growth opportunities. The property's classification includes Commercial and Warehouse subtypes, making it suitable for a range of industrial and commercial ventures. Its convenient location in Brooklyn, NY offers easy access to major transportation routes and a robust local market. The asking price for this exceptional property is $550,000. This is a rare chance to acquire a well-established business with a secure lease in a prime Brooklyn location. Don't miss this opportunity to own a piece of Brooklyn's thriving industrial sector.

    Property Features for 103 Powell St

    General Information

    Property type
    Distribution properties
    Square Feet
    10,000 SF

    Building Details

    Stories
    1
    Units
    1

    HighLights

    • 10,000 SF industrial property in Brooklyn, NY (11212).
    • Single‑story building on a 100‑square‑foot lot with 16‑20 ft. ceiling heights.
    • Includes a turnkey auto body shop with new equipment and a newly signed 10‑year lease.
    • Asking price: $550,000.
    • Commercial and warehouse zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gruner Brass Fittings ... Manufacturer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.9042917
    Latitude
    40.6721484

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    FAQs

    What type of property is this?
    Distribution property - Prime Brooklyn warehouse, auto shop business included.
    Where is this distribution property located?
    The property is located at 103 Powell St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 10,000 SF industrial property in Brooklyn, NY (11212).; Single-story building on a 100-square-foot lot with 16-20 ft. ceiling heights.; Includes a turnkey auto body shop with new equipment and a newly signed 10-year lease.
    Request Owner's contact information
    103 Powell St Brooklyn, NY 11212
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    Brooklyn, NY 11212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 Powell St Brooklyn, NY 11212
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