999 46Th St Brooklyn, NY 11203
This 8,140-square-foot vacant warehouse in East Flatbush, Brooklyn presents a compelling owner-user opportunity. Built in 2008 and renovated the same year, this single-story, brick building offers a spacious, column-free interior with 13-foot ceilings and an open layout. The property features one loading dock with a 13-foot high dock door, providing easy access for loading and unloading. There's also an additional 8.5- to 9-foot clearance at the bay door and two separate side entrances, offering the potential to divide the space into two smaller units. The 8,140-square-foot lot is fully utilized by the building. The warehouse boasts approximately 80 feet of frontage on East 46th Street and extends approximately 103 feet deep. Recent improvements include repainted walls, resealed flooring, and roof repairs, ensuring a move-in-ready condition. The property is conveniently located within walking distance of the 2 and 5 subway lines, offering excellent accessibility. Zoned M1-1, this property is ideal for a variety of industrial uses. The asking price is $2,595,000, translating to $318.80 per square foot and $331.08 per square foot for land value. The clean environmental report ensures a smooth transition for the new owner.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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