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    1005 46Th St Brooklyn, NY 11203

    Sponsored
    For Sale
    $1,999,999

    7,500 SF, 3-unit industrial building

    Property size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional East Flatbush, Brooklyn property offers 7,500 square feet of versatile industrial space, ideally suited for owner-users or investors seeking high rental income. Located at 1005 E 46th St, this three-story building sits on a 0.07-acre lot (30 x 100 ft.) and boasts 13-foot ceiling heights on the main floor. Built in 1950 and renovated in 2008, the property features three separate street-level entrances, allowing for independent use of each floor or flexible configurations. The main floor is currently used as warehouse space, while the second floor previously served as a social hall. The basement, accessible from the street, provides ample storage or office space. Zoned M1-1, permitted uses include industrial, manufacturing, commercial, and community facilities. Occupancy is available October 1, 2024. The property's prime location offers easy access to major transportation, including the B6, B8, B103, and B46 bus lines, and the 2 and 5 subway lines. Seller financing is available. Asking price is $1,999,999.

    Property Features for 1005 46Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    2,500 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built/Renovated
    1950/2008
    Stories
    2
    Units
    3

    HighLights

    • $1,999,999 asking price for a mixed‑use industrial property in Brooklyn, NY.
    • 7,500 square feet across three floors, with 13‑foot ceiling heights.
    • Located on a 0.07‑acre lot at 1005 E 46th St, Brooklyn, NY 11203.
    • M1‑1 zoning allows for industrial, manufacturing, commercial, and community facility uses.
    • Built in 1950, renovated in 2008, with three units and separate street entrances for each floor.
    • Seller financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    VTP Transmission Parts Transmission Shop EJ Samuel Men'S Clothing Store US Construction Co General Contractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9323885
    Latitude
    40.6366009

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    FAQs

    What type of property is this?
    Distribution property - 7,500 SF, 3-unit industrial building
    Where is this distribution property located?
    The property is located at 1005 46Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,999,999.
    What are key features of this property?
    This property features: $1,999,999 asking price for a mixed-use industrial property in Brooklyn, NY.; 7,500 square feet across three floors, with 13-foot ceiling heights.; Located on a 0.07-acre lot at 1005 E 46th St, Brooklyn, NY 11203.
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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
    1005 46Th St Brooklyn, NY 11203
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