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    57 Box St Brooklyn, NY 11222

    Sponsored
    For Lease
    $30 SF/Yr

    20,000 SF Industrial Building, Prime Location

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20,000-square-foot manufacturing facility presents a rare opportunity in Greenpoint, New York. Situated between McGuiness Boulevard and Manhattan Avenue, this single-tenant building offers significant advantages for industrial operations. The property boasts a 20-foot clear ceiling height, providing ample vertical space for various manufacturing processes. Two loading docks and one drive-in door ensure efficient loading and unloading, while the building's M-1-2 zoning allows for a wide range of industrial uses. The building is fully sprinklered and fireproof, meeting stringent safety standards. The property includes 2,000 square feet of office space, providing administrative areas within the facility. The building's substantial size, with a 100-foot frontage, and its street-to-street location offer excellent accessibility and visibility. The property features 200 amps of power, sufficient for most industrial needs. Annual property taxes are $72,608. The building has a floor area ratio (FAR) of 2 and is a single-story structure. This is a turnkey opportunity for businesses seeking a well-equipped and strategically located manufacturing space. The entire 20,000 square feet is currently vacant and ready for immediate occupancy.

    Property Features for 57 Box St

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Total Rate
    50000

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    20,000 SF
    Rate per SF
    $30

    HighLights

    • 20,000 SF single‑tenant industrial building in Greenpoint, NYC.
    • 20' clear ceiling height.
    • M‑1‑2 zoning.
    • Features 2 loading docks and 1 drive‑in door.
    Property Profile Location Intelligence

    Current Use by Public Records

    XPDEL Inc: Fulfillment ... Logistics Service Kitchenall Restaurant Equipment ... Restaurant Supply Store Doormart Usa Door Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    New York
    State
    New York
    Longitude
    -73.9542642
    Latitude
    40.737819

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    FAQs

    What type of property is this?
    Manufacturing property - 20,000 SF Industrial Building, Prime Location
    Where is this manufacturing property located?
    The property is located at 57 Box St Brooklyn, NY.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 20,000 SF single-tenant industrial building in Greenpoint, NYC.; 20' clear ceiling height.; M-1-2 zoning.
    Request Owner's contact information
    57 Box 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
    57 Box St Brooklyn, NY 11222
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