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Property profile & analytics

250 Morgan Ave Brooklyn, NY 11237

  • Warehouses
  • 24,000 SF
  • 0.55 lot acres
Value Estimation
$890,000
Location Intelligence
Property ID
US63-3385588
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 250 Morgan Ave

Year built
1960
Lot size
0.55 lot acres
Property size
24,000 SF
Zone code
M3-1
Property type
Warehouses
APN
02942-0012
APU
29420012

Description

This exceptional 24,000-square-foot industrial property, located at 250 Morgan Avenue in Brooklyn, NY 11237, presents a unique opportunity for warehouse, distribution, or flex-use businesses. Built in 1960, this single-tenant building sits on a 24,000-square-foot lot and features a substantial 26-foot ceiling height. The property boasts excellent access to major transportation arteries, including proximity to the LIE service road (2 miles via Flushing Avenue) and the BQE entrance ramp (1 mile via Metropolitan Avenue). Its strategic location in East Williamsburg, a hub for major warehouse operators like Amazon, FedEx, and UPS, ensures convenient access to Manhattan and other NYC boroughs. The building itself offers one loading dock and four drive-ins for efficient loading and unloading. In addition to the warehouse space, there is a 700-square-foot showroom and a 700-square-foot mezzanine office area. The property's M3-1 zoning is perfectly suited for industrial and warehouse operations. The building has a 120-foot frontage on Morgan Avenue and a cross street of Grand Avenue. Annual property taxes are $3.82 per square foot. This is a single-story building with a 2.0 building floor area ratio (FAR). The absence of elevators should be noted.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9343
Latitude
40.7131
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
$95,366
$340,200
$687,600
$1,027,800
-
$756,000
$1,528,000
$2,284,000
More about this property
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