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    221 Greenpoint Ave Brooklyn, NY 11222

    Sponsored
    For Lease
    $16 SF/Yr

    Secure Paved Lot, Kings County, NY

    Lot size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial land parcel, located at 221 Greenpoint Avenue in Brooklyn, New York (zip code 11222), presents a unique investment opportunity. Situated between McGuiness Boulevard and Provost Street, this single-tenant property offers a flexible footprint ranging from 5,000 to 14,000 square feet. The lot itself measures approximately 200 feet by 70 feet, providing ample space for various industrial uses. The property boasts convenient access via two street entrances, including one on Kent Street, enhancing operational efficiency. Security features include perimeter fencing and lighting, ensuring the safety and protection of your assets. The property is zoned M-1-1, allowing for a variety of industrial applications within Kings County. Its prime location in Brooklyn offers excellent connectivity to major transportation routes, facilitating seamless logistics and distribution. This well-maintained and secure lot represents a compelling opportunity for businesses seeking a strategic location to establish or expand their operations. The property's size and features make it ideal for a range of industrial uses, from storage and distribution to light manufacturing. Serious inquiries are encouraged to explore the potential of this valuable asset.

    Property Features for 221 Greenpoint Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,000 SF

    Unit(s) available at that property

    Space
    Size
    14,000 SF
    Rate per SF
    $16
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9504615
    Latitude
    40.7307154

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    FAQs

    What type of property is this?
    Land - Secure Paved Lot, Kings County, NY
    Where is this land located?
    The property is located at 221 Greenpoint Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    Request Owner's contact information
    221 Greenpoint Ave 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
    221 Greenpoint Ave Brooklyn, NY 11222
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