5700 1St Ave, Brooklyn, NY 11220
This exceptional 6,000 square foot space is part of a larger 170,000 square foot multi-tenant building located at 5700 1st Ave, Brooklyn, NY 11220, near the cross street of 56th Street in Kings County. Built in 1910, this four-story building offers a unique blend of office and industrial space, perfect for creative businesses seeking a flexible layout. The loft-style unit boasts high ceilings and a wide-open floor plan, easily adaptable to various needs. Large windows provide abundant natural light. The property features excellent freight access and a heavy floor load capacity, making it suitable for a range of uses, from studios and workshops to offices and warehouses. The building's industrial heritage is complemented by modern amenities, creating a dynamic and inspiring work environment. This prime location in Sunset Park offers easy access to major transportation routes and a vibrant community. The asking price is a highly competitive $17 per square foot. This is a rare opportunity to secure a versatile and well-located space in a thriving Brooklyn neighborhood.
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.