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Property profile & analytics

34 3440th S 1st St Brooklyn, NY 11249-4103

  • Manufacturing properties
  • 9,500 SF
  • 0.22 lot acres
OFF-MARKET
Value Estimations
$760,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-2177763
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Ban-N-Son's Produce / Warehouse

Property Details for 34 3440th S 1st St

Year built
1940
Lot size
0.22 lot acres
Property size
9,500 SF
Zone code
M3-1
Property type
Manufacturing properties
APN
02403-0015
APU
24030015

Description

This exceptional 9,500 square foot warehouse, located at 34 South 1st Street in Brooklyn, New York, presents a unique investment opportunity. Built in 1940, this single-building property sits on a 9,500 square foot lot (95' x 100') and features impressive 20-foot ceilings. The property is zoned M3-1, offering significant development potential. With a Commercial Floor Area Ratio (FAR) of 2.0, an additional 9,500 square feet can be added, resulting in a maximum usable commercial FAR of 19,000 square feet. Maintaining the existing manufacturing use allows for an even higher FAR of 2.2, totaling 20,900 square feet. This prime location in the heart of Brooklyn's Domino Park redevelopment area offers unparalleled access to transportation, including the NYC Ferry, Williamsburg Bridge, and multiple subway lines (J, M, Z, and L). The surrounding area boasts a vibrant mix of upscale residential and commercial properties, including well-known establishments such as Supreme, Devocion, and Roberta's. The asking price for this exceptional property is $10,800,000. All zoning regulations, square footage calculations, and tax considerations should be independently verified.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $760,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9658
Latitude
40.7151
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$75,519
$171,000
$637,200
$808,200
-
$380,000
$1,416,000
$1,796,000
More about this property
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