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    OFF-MARKET
    Warehouses

    5800 2Nd Ave, Brooklyn, NY 11220

    Built 1935
    Property ID
    Property summary
    AI-generated overview

    This prime Sunset Park, Brooklyn industrial property at 5800 Second Avenue offers multiple warehouse/manufacturing/distribution spaces, ideal for businesses seeking a strategic New York City location. Built in 1935, this Class C building provides a total of 32,500 to 52,000 square feet of usable space, with a minimum divisible unit of 32,500 square feet. The property features two loading docks per space, ensuring efficient handling of goods. Located in Kings County, zip code 11220, this property benefits from heavy power already in place. The building's pre-war character offers unique possibilities for adaptive reuse, while its location offers easy access to major transportation routes. At a competitive rate of $25 per square foot, this space presents a compelling opportunity for businesses seeking to establish or expand their operations in a vibrant and rapidly developing area of Brooklyn. The property is situated near NYU Langone, providing a strong neighboring presence. This is a rare opportunity to secure substantial industrial space in a highly sought-after Brooklyn neighborhood.

    Property profile
    Verified
    Property type Warehouses
    Year built 1935
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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