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Property profile & analytics
OFF-MARKET
Warehouses

254-264 Meserole St Brooklyn, NY 11206

22,500 SF
Property ID
Property summary
AI-generated overview

This exceptional East Williamsburg property, located at 254-264 Scholes Street & 253-257 Meserole Street, Brooklyn, NY 11206, presents a unique investment opportunity. The property boasts a total of 22,500 square feet of industrial space spread across two stories, offering a versatile layout suitable for various commercial and warehouse uses. The building features four loading docks and four dock-high doors, ensuring efficient loading and unloading operations. Ceiling heights vary, with sections at 16 feet and others at 11 feet, providing flexibility for different operational needs. The substantial lot size of 27,500 square feet includes 10,000 square feet of parking or outdoor storage space. The property is zoned M1-1, with a maximum floor area ratio of 1.0. The strategic location offers significant frontage on both Scholes Street (150 feet) and Meserole Street (125 feet), providing excellent visibility and accessibility. This prime location in the heart of East Williamsburg offers easy access to public transportation and major roadways, making it an ideal location for businesses seeking a vibrant and convenient setting. The property's APN is 3046, and it includes blocks and lots 22, 24, 26, 27, 47, 48, and 49. Additionally, there is a potential for community facility development with 66,000 buildable square feet. This property is an excellent choice for businesses seeking to establish or expand their operations in this rapidly developing area of Brooklyn.

Property profile
Verified
Property type Warehouses
Total area 22,500 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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