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    121 Morgan Ave Brooklyn, NY 11237

    Sponsored
    For Lease
    Contact for pricing
    Lot size:
    52,974 SF
    Added:
    Dec 11, 2024
    Days on Market:
    397

    Property Features for 121 Morgan Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,974 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    52,974 SF

    HighLights

    • 52,974 SF Existing Industrial Building
    • 43,972 SF Ground Floor Area
    • 4,909 SF Mezzanine Area
    • 4,093 SF Second Floor Area
    • Dual Street Access with Loading Docks
    • Three Loading Berths
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    -73.932963
    Latitude
    40.7080356

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    FAQs

    Where is this distribution property located?
    The property is located at 121 Morgan Ave Brooklyn, NY.
    What are key features of this property?
    This property features: 52,974 SF Existing Industrial Building; 43,972 SF Ground Floor Area; 4,909 SF Mezzanine Area
    Request Owner's contact information
    121 Morgan Ave Brooklyn, NY 11237
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    Brooklyn, NY 11237
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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
    121 Morgan Ave Brooklyn, NY 11237
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