0 Stillwell Ave Brooklyn, NY 11224
This exceptional investment opportunity presents a unique 33,500-square-foot industrial building ideally suited for cold storage and food processing. Located in Brooklyn, NY, on Stillwell Ave, zip code 11224, this property comprises three one-story buildings situated on a 28,020-square-foot lot, zoned M1-2. The property features 22-foot ceilings and boasts significant refrigerated and freezer space. Warehouse 1 offers approximately 18,020 square feet, including 13,000 square feet of refrigeration, two freezers totaling 1300 square feet, and a 1,500-square-foot mezzanine office. This warehouse also includes specialized ovens capable of hot, cold, smoke, and bake operations, accommodating up to 16 cages. Warehouse 2 encompasses approximately 11,500 square feet with a 4,000-square-foot mezzanine, offering ample storage and versatile layout options. Both warehouses feature convenient amenities including locker rooms, lunchrooms, and restrooms. The property offers dual street access, enhancing logistical efficiency. With 33,000 square feet of air rights, this property presents significant expansion potential. Occupancy is available October 14, 2024. This property is perfect for owner-users seeking a versatile space for food processing, cold storage, or related businesses. The combined space is approximately 33,500 square feet, divisible if needed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.