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Property profile & analytics

4516 3Rd Ave Brooklyn, NY 11220

  • Manufacturing properties
  • 7,000 SF
  • 0.09 lot acres
Value Estimation
$430,000
Location Intelligence
Property ID
US63-1169794
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Manufacturing properties

Property Details for 4516 3Rd Ave

Year built
1989
Lot size
0.09 lot acres
Property size
7,000 SF
Zone code
M12D
Property type
Manufacturing properties
APN
00745-0048
APU
7450048

Description

This exceptional 6,000-square-foot warehouse property at 4516 3rd Ave in Brooklyn, NY, presents a unique opportunity for businesses seeking flexible industrial space. Located in Kings County, zip code 11220, this M1-2D zoned property offers multiple tenancy options, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 4,000 square feet. Currently, the entire 6,000 square feet is vacant, providing immediate occupancy for a single tenant or the ability to divide the space to accommodate multiple businesses. The warehouse boasts impressive 22-foot ceilings, providing ample vertical space for storage or high-volume operations. Its strategic location offers convenient access to major highways, making transportation and logistics efficient. This property is perfectly suited for a variety of commercial uses, including warehousing, light manufacturing, or office space conversion, making it an attractive investment for businesses seeking a versatile and well-located industrial space in the vibrant Brooklyn market. The property is situated at 40.65031 latitude and -74.012477 longitude.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $435,000
  • CAP approach

    CAP return
    Estimation
    6%
    $445,000
    6.5%
    $420,000
    7%
    $425,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $370,000
    Geo Method
    $460,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $370,000
    Retail
    $460,000
    Mixed-Use
    $355,000
    Hospitality
    $415,000
    Educational
    $415,000
    Residential Income
    $355,000
    Energy
    $420,000
    Income-Based Land
    $335,000
    Food Service
    $380,000

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-74.0124
Latitude
40.6503
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$22,036
$72,000
$149,400
$221,400
-
$160,000
$332,000
$492,000
More about this property
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