250 88Th St Brooklyn, NY 11236
- Manufacturing properties
- 3,150 SF
- 0.09 lot acres
Current Use by Public Records
- Forerunner Creations / Metal Fabricator
- Bk Iron Works Corp. / Metal Fabricator / Steel Fabricator
- Ebony & Ivory Plumbing & Heating Corp. / Plumber
- Forerunner Engineering / Engineer
Property Details for 250 88Th St
- Year built
- 1931
- Lot size
- 0.09 lot acres
- Property size
- 3,150 SF
- Zone code
- M1-1
- Property type
- Manufacturing properties
- APN
- 07912-0056
- APU
- 79120056
Description
This exceptional 3,150 square foot industrial property, located at 250 E 88th St in Brooklyn, NY 11236, presents a unique owner-user opportunity. The single-story building sits on a 4,000 square foot lot and boasts a generous 15-foot ceiling height, ideal for various distribution, manufacturing, or warehouse operations. The property is currently vacant, allowing for immediate occupancy and customization to suit specific business needs. Its M1-1 zoning ensures flexibility for a range of industrial uses. Situated in Kings County, this location offers convenient access to major transportation arteries, facilitating efficient logistics and distribution. The property's size and features make it an attractive option for businesses seeking a functional and strategically located industrial space. This is a rare chance to acquire a well-positioned industrial asset in a thriving Brooklyn neighborhood. The property is ready for immediate use, offering a blank canvas for your business expansion or relocation. Don't miss this opportunity to secure this prime industrial space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,140,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,165,000
- 6.5%
- $1,125,000
- 7%
- $1,190,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,080,000
- Geo Method
- $995,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,015,000
- Retail
- $1,245,000
- Mixed-Use
- $995,000
- Hospitality
- $1,045,000
- Educational
- $1,200,000
- Residential Income
- $1,095,000
- Energy
- $1,055,000
- Income-Based Land
- $1,035,000
- Food Service
- $985,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9169
- Latitude
- 40.6475
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
