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Property profile & analytics
OFF-MARKET
Warehouses

218 Newel St Brooklyn, NY 11222

36,800 SF
Property ID
Property summary
AI-generated overview

This 36,800 square foot multi-tenant Greenpoint, Brooklyn property offers a diverse range of office and industrial spaces, perfect for various business needs. Available spaces range from 2,830 to 21,000 square feet, catering to both established companies and startups. The building, a renovated pre-war structure, boasts ample natural light, exposed brick, and modern upgrades, including updated elevators. The thoughtful renovation blends historical charm with contemporary functionality, creating a unique and productive work environment. The property's location near the Greenpoint Avenue G train stop provides convenient access to public transportation. This prime location in a thriving Brooklyn neighborhood offers businesses a chance to establish themselves in a dynamic and rapidly growing area. The building's adaptable spaces are suitable for coworking, refrigerated/cold storage, manufacturing, warehousing, distribution, flex space, R&D, executive offices, creative offices, medical offices, and traditional offices. This versatile property presents a compelling opportunity for businesses seeking a distinctive and well-located workspace in North Brooklyn.

Property profile
Verified
Property type Warehouses
Total area 36,800 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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