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    2322 7Th St Brooklyn, NY 11223

    Sponsored
    For Sale
    $2,390,000

    4,300 SF Warehouse, Manufacturing, Office

    Property size:
    4,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,300 square foot industrial building, constructed in 2024, presents a unique investment opportunity in Brooklyn, NY. Located at 2322 West 7th Street, zip code 11223, this single-unit property sits on a 4,300 square foot lot and boasts a 20+ foot ceiling height, providing ample space and potential for expansion. The building features a substantial 400-amp electrical service and is built with poured concrete over steel beams, ensuring structural integrity and durability. A key advantage is the inclusion of a 25-year tax abatement, significantly reducing operational costs. The property includes a convenient loading dock and private driveway, enhancing logistical efficiency. The expansive ceiling height allows for the potential construction of a second floor, effectively doubling the usable space to approximately 8,600 square feet. Its prime location in Brooklyn, near the intersection of 86th Street and West 7th Street, makes it ideally suited for a variety of commercial and industrial uses, including but not limited to auto body repair, warehousing, showrooms, manufacturing, and distribution. This is a rare find in the Brooklyn market, offering a blend of modern construction, significant potential, and substantial long-term cost savings. The asking price is $2,390,000.

    Property Features for 2322 7Th St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    4,300 SF

    Building Details

    Units
    1

    HighLights

    • $2,390,000 asking price.
    • 4,300 square foot industrial building.
    • Located at 2322 West 7th Street, Brooklyn, NY 11223.
    • Features a 20+ foot ceiling height.
    • Includes a loading dock and private driveway.
    • 25‑year tax abatement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -73.9777315
    Latitude
    40.5912656

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    FAQs

    What type of property is this?
    Manufacturing property - 4,300 SF Warehouse, Manufacturing, Office
    Where is this manufacturing property located?
    The property is located at 2322 7Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,390,000.
    What are key features of this property?
    This property features: $2,390,000 asking price.; 4,300 square foot industrial building.; Located at 2322 West 7th Street, Brooklyn, NY 11223.
    Request Owner's contact information
    2322 7Th St Brooklyn, NY 11223
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    Brooklyn, NY 11223
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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
    2322 7Th St Brooklyn, NY 11223
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