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    Stillwell Ave Brooklyn, NY 11224

    Sponsored
    For Sale
    Contact for pricing

    33,500 SF Flex Space, Available Now

    Property size:
    33,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a unique 33,500-square-foot industrial building ideally suited for cold storage and food processing. Located in Brooklyn, NY, on Stillwell Ave, zip code 11224, this property comprises three one-story buildings situated on a 28,020-square-foot lot, zoned M1-2. The property features 22-foot ceilings and boasts significant refrigerated and freezer space. Warehouse 1 offers approximately 18,020 square feet, including 13,000 square feet of refrigeration, two freezers totaling 1300 square feet, and a 1,500-square-foot mezzanine office. This warehouse also includes specialized ovens capable of hot, cold, smoke, and bake operations, accommodating up to 16 cages. Warehouse 2 encompasses approximately 11,500 square feet with a 4,000-square-foot mezzanine, offering ample storage and versatile layout options. Both warehouses feature convenient amenities including locker rooms, lunchrooms, and restrooms. The property offers dual street access, enhancing logistical efficiency. With 33,000 square feet of air rights, this property presents significant expansion potential. Occupancy is available October 14, 2024. This property is perfect for owner-users seeking a versatile space for food processing, cold storage, or related businesses. The combined space is approximately 33,500 square feet, divisible if needed.

    Property Features for 0 Stillwell Ave

    General Information

    Property type
    Refrigerated & Cold Storages
    Square Feet
    33,500 SF

    Building Details

    Buildings
    3
    Stories
    1

    HighLights

    • 33,500 SF industrial building in Brooklyn, NY (11224), on Stillwell Ave, zoned M1‑2. Available October 14, 2024.
    • Warehouse 1: 18,020 SF; 13,000 SF refrigeration; 1,300 SF freezer space; 1,500 SF mezzanine office; specialized ovens for hot, cold, smoke, and bake operations.
    • Warehouse 2: 11,500 SF; 4,000 SF mezzanine.
    • Both warehouses include locker rooms, lunchrooms, and restrooms.
    • Dual street access; 33,000 SF air rights.
    Property Profile Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Map

    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.982011628978
    Latitude
    40.579704202395

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - 33,500 SF Flex Space, Available Now
    Where is this refrigerated / cold storage located?
    The property is located at Stillwell Ave Brooklyn, NY.
    What are key features of this property?
    This property features: 33,500 SF industrial building in Brooklyn, NY (11224), on Stillwell Ave, zoned M1-2. Available October 14, 2024.; Warehouse 1: 18,020 SF; 13,000 SF refrigeration; 1,300 SF freezer space; 1,500 SF mezzanine office; specialized ovens for hot, cold, smoke, and bake operations.; Warehouse 2: 11,500 SF; 4,000 SF mezzanine.
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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
    Stillwell Ave Brooklyn, NY 11224
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