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Property profile & analytics
OFF-MARKET
Warehouses

306 Water St New York, NY 11201

5,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 5,000-square-foot warehouse is located at 306 Water Street in the highly desirable Dumbo neighborhood of Brooklyn, Kings County, New York (zip code 11201). The property boasts a single-tenant occupancy and offers a unique blend of industrial charm and modern functionality. The warehouse features impressive 20-foot-high ceilings, creating a spacious and versatile environment ideal for a variety of uses. The open floor plan is complemented by skylights, concrete floors, and a large drive-in gate, providing ample access and natural light. The property also benefits from abundant power, making it suitable for energy-intensive operations. Its creative industrial design is perfect for fashion, film/television production, artists, tech companies, media firms, e-commerce businesses, or even office users. The building's location on a cobblestone Dumbo block adds to its unique appeal. This flexible space presents a rare opportunity to secure a prime warehouse in a highly sought-after area. The property is entirely vacant, offering immediate occupancy.

Property profile
Verified
Property type Warehouses
Total area 5,000 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
AI Approach AI
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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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