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    OFF-MARKET
    Warehouses

    261-265 Water St New York, NY 11201

    19,657 SF
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    AI-generated overview

    This exceptional two-story warehouse, located at 261-265 Water Street in Brooklyn, NY (zip code 11201), offers 19,657 square feet of versatile space. The building features four suites, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 6,379 square feet. Currently, all 19,657 square feet are vacant and available for lease. The property boasts 74 feet of frontage on Water Street and includes cellar and roof rights. Built with brick and beam construction, it retains numerous historical details. Utilities include electric (400 AMPS), gas, and water. Situated in Kings County, this strategically located property presents a unique opportunity for businesses seeking adaptable space in a prime Brooklyn location. The property is classified as both retail and industrial. Lease price is available upon request.

    Property profile
    Verified
    Property type Warehouses
    Total area 19,657 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Allowed · conditional · prohibited
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