121 30Th St Brooklyn, NY 11232
- Warehouses
- 27,000 SF
- 0.57 lot acres
Current Use by Public Records
- Warehouses
Property Details for 121 30Th St
- Year built
- 1925
- Lot size
- 0.57 lot acres
- Property size
- 27,000 SF
- Zone code
- M12D
- Property type
- Warehouses
- APN
- 00668-0053
- APU
- 6680053
Description
This exceptional 27,000-square-foot warehouse in Kings County presents a significant investment opportunity. Situated on a corner lot with excellent Gowanus Expressway visibility, this single-tenant property boasts a prime location directly across from Liberty View Plaza, Industry City, and Costco, and near Saks OFF 5th, Micro Center, Bed Bath & Beyond, Hilti, and Grainger. The building features 25-foot ceilings, four interior loading docks (47 feet deep), and four drive-in doors (one currently active). The warehouse is comprised of two 100 x 100 column-free buildings, offering ample space and flexibility. Additional features include a dry sprinkler system, approximately 2,000 square feet of office space, 700 AMP power, and a 3-inch gas line. The property is zoned M-1-2D and has an annual tax assessment of $68,579. Convenient access to the Brooklyn Battery Tunnel and all major bridges adds to its strategic appeal. With a 370-foot frontage and a building floor area ratio (FAR) of 50,000, this warehouse offers substantial potential for various industrial uses. The property is currently vacant, providing immediate occupancy for a new tenant. Block 668, Lot 53.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $11,745,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $13,490,000
- 6.5%
- $12,455,000
- 7%
- $11,965,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $12,415,000
- Geo Method
- $10,495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $13,415,000
- Retail
- $14,840,000
- Mixed-Use
- $15,100,000
- Hospitality
- $14,090,000
- Educational
- $12,665,000
- Residential Income
- $14,465,000
- Energy
- $12,895,000
- Income-Based Land
- $15,025,000
- Food Service
- $12,265,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.0022
- Latitude
- 40.6587
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA