34 3440th S 1st St Brooklyn, NY 11249-4103
- Manufacturing properties
- 9,500 SF
- 0.22 lot acres
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
-
AI approach
- Method
- Estimation
- ML approach
- $760,000
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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