Brooklyn Warehouse with Office
For Sale
Contact for pricing
92 Junius St, Brooklyn, NY 11212
11,000 SF warehouse with office in Brooklyn, NY.
Property Size11,000 SF
Price / SF$363.55
Days on Market849
Property Features for 92 Junius St
General Information
Standard status
Active
Size
11,000 SF
Total Parking Spaces
3
Property subtype
Industrial
Zoning
M1-4
Investment Type
Owner/User
Building Details
Buildings
1
Stories
1
Units
2
Listing Agency:
Findor
Listed By:
Rob Finnerty · License #NY 10351219508
Source:
Crexi
Added: Jun 26, 2024
Changed: Oct 16
Last Checked: Oct 20 at 8:31PM
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 Findor
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Investment Insights
Based on property information with market context.
This property features an 11,000 square foot warehouse with a 1,000 square foot office space located on the second floor. The warehouse measures 100 feet by 100 feet and includes two overhead doors. The property is located in Brooklyn, NY.
Key Highlights
- 10,000 sq ft Warehouse (100 x 100) offering ample space.
- Includes a 1,000 sq ft Office located on the 2nd Floor.
- Features Two Overhead Doors for easy access.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$274,428
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,488,560
$5.5M
Cap Rate 7%
$3,920,400
$3.9M
Cap Rate 9%
$3,049,200
$3.0M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$475.2K $43.20/SF
− Vacancy
−$109.3K −$9.94/SF
EGI
$365.9K $33.26/SF
− OpEx
−$91.5K −$8.32/SF
NOI
$274.4K $24.95/SF
Area
Brooklyn, NY
Vacancy
23.00%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,488,560
Cap Rate 7%
$3,920,400
Cap Rate 9%
$3,049,200
Alternative Uses
Best Use
Office B
$3.92M
$3.43M – $4.57M
NOI $274,428 @ 7.0% cap · market cap 6.86%
Second Best
Warehouse
$3.39M
$2.97M – $3.96M
NOI $237,626 @ 7.0% cap · market cap 5.94%
Theoretical Best
Specialty Retail
$9.11M
$7.97M – $10.63M
NOI $637,560 @ 7.0% cap · market cap 15.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,879
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 11212, NY
91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Warehouse - 11,000 SF warehouse with office in Brooklyn, NY.
Where is this warehouse located?
The property is located at 92 Junius St Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: 10,000 sq ft Warehouse (100 x 100) offering ample space.; Includes a 1,000 sq ft Office located on the 2nd Floor.; Features Two Overhead Doors for easy access.
