1115 Flushing Ave Brooklyn, NY 11237
Property profile & analytics
1115 Flushing Ave Brooklyn, NY 11237
- Warehouses
- 3,937 SF
- 0.09 lot acres
Property ID
US63-2784139
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 1115 Flushing Ave
- Year built
- 2009
- Lot size
- 0.09 lot acres
- Property size
- 3,937 SF
- Zone code
- M1-1
- Property type
- Warehouses
- APN
- 03015-0006
- APU
- 30150006
Description
This exceptional 4,000 square foot commercial property, located in the vibrant East Williamsburg submarket of Kings County, presents a unique investment opportunity. Built in 2009, the building boasts a flexible layout suitable for a variety of uses, including traditional office, executive office, coworking, flex space, warehouse, manufacturing, creative office, R&D, and distribution. The space previously served as a photography studio and retains many of its attractive features, including impressive 22-foot ceilings, ideal for showcasing large-scale projects or creating an open and airy atmosphere. Three private restrooms and a kitchen add to the convenience and functionality of the space. Two drive-in gates provide easy access for loading and unloading, making it particularly well-suited for businesses requiring efficient material handling. The property's location within the Bushwick submarket cluster offers excellent access to transportation and a thriving local community. This is an exceptional opportunity to acquire a versatile and well-appointed commercial space in a highly sought-after area. The multiple tenancy option allows for diverse business configurations. The building's adaptable design and prime location make it an ideal choice for a wide range of commercial enterprises.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,415,000
- 6.5%
- $1,310,000
- 7%
- $1,215,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,975,000 Current use
- COMMERCIAL (GENERAL)
- $1,585,000 Change: -20% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9276
- Latitude
- 40.7054
- 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
$12,212
$71,100
$243,000
$314,100
-
$158,000
$540,000
$698,000
