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    OFF-MARKET
    Land

    221 Greenpoint Ave, Brooklyn, NY 11222

    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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