254-264 Meserole St Brooklyn, NY 11206
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.
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.