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    139 Conover St Brooklyn, NY 11231

    Sponsored
    For Lease
    Contact for pricing

    14,000 SF Lot, 43 Spaces

    Lot size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 14,000 square foot commercial parking lot, located at 139 Conover Street in Brooklyn, New York, presents a unique investment opportunity. Situated in the heart of Red Hook, this single-tenant property boasts a highly desirable location, offering convenient access to the vibrant neighborhood and the broader New York City area. The lot is fully improved, featuring a paved surface, complete fencing, ample lighting, and clearly marked parking spaces, ensuring a safe and convenient experience for users. With a total capacity of 43 parking spaces, this property is ideal for a variety of uses, including commercial businesses, residential complexes, or event venues seeking convenient parking solutions. The lot is zoned M2-1, providing flexibility for potential future development. The property's size is 14,000 square feet, matching the lot size, and is identified by APN 555-104 in Kings County. Its strategic location and ready-to-use condition make this a truly exceptional opportunity for investors seeking a stable, high-demand asset in a rapidly growing area. The property is located in zip code 11231. This move-in ready lot offers immediate income potential and long-term growth prospects.

    Property Features for 139 Conover St

    General Information

    Property type
    Automotive properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    14,000 SF

    HighLights

    • 140' x 100' lot size.
    • 14,000 square foot paved and fenced lot.
    • 43 parking spaces.
    • Corner lot.
    • Approximate measurements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery 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
    -74.0129025
    Latitude
    40.6788916

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    FAQs

    What type of property is this?
    Automotive property - 14,000 SF Lot, 43 Spaces
    Where is this automotive property located?
    The property is located at 139 Conover St Brooklyn, NY.
    What are key features of this property?
    This property features: 140' x 100' lot size.; 14,000 square foot paved and fenced lot.; 43 parking spaces.
    Request Owner's contact information
    139 Conover St Brooklyn, NY 11231
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    Brooklyn, NY 11231
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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
    139 Conover St Brooklyn, NY 11231
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