394 Mcguinness Blvd Brooklyn, NY 11222
- Manufacturing properties
- 21,000 SF
- 0.17 lot acres
Current Use by Public Records
- Asa Barak Studio / Architecture Firm
- Construct Art / Woodworker
- Live Edge Brooklyn / Woodworker
- PrintAWorld / 3D Printing Service / Architectural And Engineering Model Maker
- Big Tech Laser Cutting/Metal Plating Service. / Laser Cutting Service
Property Details for 394 Mcguinness Blvd
- Year built
- 1931
- Lot size
- 0.17 lot acres
- Property size
- 21,000 SF
- Zone code
- M1-1
- Property type
- Manufacturing properties
- APN
- 02489-0004
- APU
- 24890004
Description
This exceptional industrial property at 394 McGuinness Blvd in Brooklyn, NY, offers 4,592 square feet of renovated loft space available for lease. The building is zoned M1-1 and features a flexible layout suitable for a variety of uses, including warehouse, flex, and office space. Multiple tenancy is possible, with spaces ranging from a minimum of 945 square feet to a maximum contiguous space of 4,592 square feet. The entire 4,592 square feet is currently vacant and ready for immediate occupancy. The property boasts attractive ceiling heights of approximately 12 feet, providing ample vertical space for storage or creative design. Its location in the vibrant Greenpoint neighborhood of Brooklyn (zip code 11222) offers excellent access to transportation and a thriving local community. The APN is 2489-4. This is a rare opportunity to secure a well-maintained, versatile industrial space in a highly desirable Brooklyn location. Contact us today to learn more about leasing options and schedule a viewing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,935,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,190,000
- 6.5%
- $6,830,000
- 7%
- $6,085,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,700,000
- Geo Method
- $6,770,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,310,000
- Retail
- $6,900,000
- Mixed-Use
- $7,515,000
- Hospitality
- $6,010,000
- Educational
- $5,815,000
- Residential Income
- $6,270,000
- Energy
- $7,010,000
- Income-Based Land
- $6,010,000
- Food Service
- $5,770,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9523
- Latitude
- 40.7365
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
