30 Franklin St Brooklyn, NY 11222
- Manufacturing properties
- 5,294 SF
- 0.19 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 30 Franklin St
- Year built
- 1931
- Lot size
- 0.19 lot acres
- Property size
- 5,294 SF
- Zone code
- M1-1
- Property type
- Manufacturing properties
- APN
- 02592-0011
- APU
- 25920011
Description
This exceptional industrial property at 30 Franklin Street offers a versatile warehouse and manufacturing space spanning 2,587 to 14,393 square feet. The single-tenant building boasts a prime location at the border of Williamsburg and Greenpoint, benefiting from the area's burgeoning commercial and cultural growth. The property features convenient access from both Franklin and Banker Streets, facilitated by two drive-in doors and three roll-up gates. High ceilings and abundant skylights create a bright and spacious interior, ideal for a variety of uses, from temporary storage to permanent installations. An adjacent parking lot provides ample parking for employees and clients. The building's strategic location offers easy access to public transportation, including the Nassau Avenue 'G' train station, the ferry terminal, and numerous Citi Bike stations, all within a short distance. This unique property presents a compelling opportunity for businesses seeking a flexible and well-situated industrial space in a rapidly developing neighborhood. The size flexibility allows for customization to suit various business needs and operational requirements. The combination of convenient access, ample space, and a desirable location makes 30 Franklin Street an exceptional investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,240,000
- 6.5%
- $8,345,000
- 7%
- $7,155,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,170,000
- Geo Method
- $7,540,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $8,490,000
- Retail
- $8,420,000
- Mixed-Use
- $7,660,000
- Hospitality
- $7,350,000
- Educational
- $7,005,000
- Residential Income
- $8,910,000
- Energy
- $7,460,000
- Income-Based Land
- $9,205,000
- Food Service
- $9,385,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9569
- Latitude
- 40.7264
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
