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    New York Ny New York, NY 11211

    Sponsored
    For Lease
    Contact for pricing

    Versatile Brooklyn Flex Space: Retail, Office, Warehouse

    Lot size:
    17,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 17,000 square foot multi-use property in East Williamsburg, Brooklyn (zip code 11211) presents a unique investment opportunity. Built in 1949, the building offers flexible spaces ranging from a minimum of 500 square feet to a maximum contiguous area of 10,000 square feet, accommodating a variety of tenants. The property's adaptable design caters to diverse needs, encompassing retail, office, industrial, manufacturing, and even refrigerated/cold storage uses. Features include high ceilings, excellent natural light, and convenient drive-in access with a mix of roll-up gates and glass garage doors. Some units also boast skylights, enhancing the already bright and airy atmosphere. The building's layout allows for flexible configurations, including some corner retail spaces. High power is available to meet the demands of various businesses. Multiple tenancies are possible, making this a highly versatile and attractive property in a thriving Brooklyn submarket. This is an ideal location for businesses seeking a creative and functional space with excellent accessibility. The property is situated in New York, NY.

    Property Features for 0 New York Ny

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,000 SF

    Building Details

    Year Built
    1949

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    10,000 SF

    HighLights

    • 17,000 SF multi‑use building in East Williamsburg, Brooklyn (11211).
    • Flexible space options from 500 SF to 10,000 SF contiguous.
    • Suitable for retail, office, industrial, manufacturing, and cold storage uses.
    • Features high ceilings, natural light, drive‑in access with roll‑up gates and glass garage doors, and skylights in some units.
    • Partially upgraded mid‑century warehouse/industrial space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Map

    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9565551
    Latitude
    40.7093358

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Versatile Brooklyn Flex Space: Retail, Office, Warehouse
    Where is this refrigerated / cold storage located?
    The property is located at New York Ny New York, NY.
    What are key features of this property?
    This property features: 17,000 SF multi-use building in East Williamsburg, Brooklyn (11211).; Flexible space options from 500 SF to 10,000 SF contiguous.; Suitable for retail, office, industrial, manufacturing, and cold storage uses.
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    New York Ny New York, NY 11211
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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
    New York Ny New York, NY 11211
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