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Property profile

523 Sutter Ave Brooklyn, NY 11207

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This exceptional 4,000-square-foot industrial warehouse is ideally situated at 523 Sutter Avenue in the vibrant Brownsville neighborhood of Brooklyn, New York. The property boasts a single-tenant occupancy, making it an attractive investment opportunity for owner-occupiers or investors seeking a stable, long-term lease. Located on the corner of Hindsdale Street and Sutter Avenue, this warehouse enjoys excellent visibility and accessibility. The property's strategic location provides easy access to a variety of public transportation options, including the L train at Sutter Avenue and the 3 and 4 trains at Pennsylvania Avenue. Convenient bus routes (B14, B20, and B83) further enhance its accessibility. The surrounding area is characterized by a thriving commercial landscape, with numerous established businesses in close proximity. These include popular national chains such as Dunkin', Baskin-Robbins, Planet Fitness, Domino's Pizza, and many others, indicating a strong local economy and high foot traffic. The presence of diverse businesses, including a daycare center, culinary center, and community center, highlights the area's dynamic and diverse community. This warehouse presents a unique opportunity to establish a presence in a bustling Brooklyn neighborhood with excellent transportation links and a strong commercial base. The property is located in Kings County, New York, with a zip code of 11207.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Warehouse & Storage

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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