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    58 West St Brooklyn, NY 11222

    Sponsored
    For Lease
    $48 SF/Yr

    Prime Greenpoint warehouse, high ceilings, ideal for diverse uses.

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 30,000-square-foot industrial space in Greenpoint, Kings County, presents a unique opportunity for a variety of businesses. Located within the Williamsburg submarket cluster, this single-tenant property boasts impressive 40-foot high ceilings, providing ample vertical space for creative and efficient operations. The building's versatile design makes it suitable for a wide range of uses, including nightclubs, warehouses, film or art studios, event venues, manufacturing facilities, and fitness centers. The property's prime Greenpoint location offers excellent access to transportation and a vibrant, creative community. The asking rent is $120,000 per month. This substantial space is perfect for a business seeking a large, adaptable footprint in a highly desirable area. Its classification includes retail, industrial, and special purpose designations, reflecting its multifaceted potential. The property's size and features make it an attractive investment for businesses seeking to establish a significant presence in the thriving Greenpoint market. Serious inquiries are encouraged to explore the possibilities of this remarkable industrial space.

    Property Features for 58 West St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF

    Unit(s) available at that property

    Space
    Size
    30,000 SF
    Rate per SF
    $48

    HighLights

    • 30,000 square foot single‑tenant industrial space.
    • Located in the prime Greenpoint submarket of Williamsburg, Kings County.
    • Features 40‑foot high ceilings.
    • Asking rent: $120,000 per month.
    • Suitable for various uses including nightclubs, warehouses, film/art studios, event venues, manufacturing facilities, and fitness centers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Car's Cash For Junk ... Junk Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.0148736
    Latitude
    40.7085265

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    FAQs

    What type of property is this?
    Distribution property - Prime Greenpoint warehouse, high ceilings, ideal for diverse uses.
    Where is this distribution property located?
    The property is located at 58 West St Brooklyn, NY.
    What is the lease rate?
    The lease rate is $48 SF/Yr.
    What are key features of this property?
    This property features: 30,000 square foot single-tenant industrial space.; Located in the prime Greenpoint submarket of Williamsburg, Kings County.; Features 40-foot high ceilings.
    Request Owner's contact information
    58 West St Brooklyn, NY 11222
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    Brooklyn, NY 11222
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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
    58 West St Brooklyn, NY 11222
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