Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

2322 7Th St Brooklyn, NY 11223

  • Warehouses
  • 3,593 SF
  • 0.08 lot acres
Value Estimation
Last Sale
Nov 02, 2022
$300,000
Location Intelligence
Property ID
US63-4249194
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

  • Warehouses

Property Details for 2322 7Th St

Year built
2023
Lot size
0.08 lot acres
Property size
3,593 SF
Zone code
C8-1
Property type
Warehouses
APN
07166-0015
APU
71660015

Description

This exceptional 4,300 square foot industrial building, constructed in 2024, presents a unique investment opportunity in Brooklyn, NY. Located at 2322 West 7th Street, zip code 11223, this single-unit property sits on a 4,300 square foot lot and boasts a 20+ foot ceiling height, providing ample space and potential for expansion. The building features a substantial 400-amp electrical service and is built with poured concrete over steel beams, ensuring structural integrity and durability. A key advantage is the inclusion of a 25-year tax abatement, significantly reducing operational costs. The property includes a convenient loading dock and private driveway, enhancing logistical efficiency. The expansive ceiling height allows for the potential construction of a second floor, effectively doubling the usable space to approximately 8,600 square feet. Its prime location in Brooklyn, near the intersection of 86th Street and West 7th Street, makes it ideally suited for a variety of commercial and industrial uses, including but not limited to auto body repair, warehousing, showrooms, manufacturing, and distribution. This is a rare find in the Brooklyn market, offering a blend of modern construction, significant potential, and substantial long-term cost savings. The asking price is $2,390,000.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $285,000
  • CAP approach

    CAP return
    Estimation
    6%
    $225,000
    6.5%
    $230,000
    7%
    $225,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $255,000
    Geo Method
    $230,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $220,000
    Retail
    $185,000
    Mixed-Use
    $185,000
    Hospitality
    $190,000
    Educational
    $250,000
    Residential Income
    $205,000
    Energy
    $250,000
    Income-Based Land
    $220,000
    Food Service
    $220,000

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9777
Latitude
40.5913
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
$15,300
$56,700
$87,750
$144,450
-
$126,000
$195,000
$321,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message