1229 60Th St Brooklyn, NY 11219
Property profile & analytics
1229 60Th St, Brooklyn, NY 11219
- Manufacturing properties
- 5,300 SF
- 0.09 lot acres
Property ID
US63-2270155
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
- Vita Frame Co / Medical Supply Store / Professional Services
Property Details for 1229 60Th St
- Year built
- 1931
- Lot size
- 0.09 lot acres
- Property size
- 5,300 SF
- Zone code
- M1-1
- Property type
- Manufacturing properties
- APN
- 05711-0064
- APU
- 57110064
Description
This exceptional 5,300-square-foot warehouse, located at 1229 60th Street in Brooklyn, New York (zip code 11219), presents a unique investment opportunity. Built in 1931, this two-story industrial property sits on a 4,007-square-foot lot in Kings County. The building is currently configured as a single-tenant space, offering flexibility for a variety of uses. The main warehouse area encompasses approximately 4,000 square feet, boasting impressive ceiling heights ranging from 15 to 18 feet. An additional 1,300 square feet is available on the second floor, perfectly suited for office space or other supplementary uses. The property's M1-1 zoning allows for diverse applications, including potential conversion into three separate rental units. Three distinct entrances facilitate this possibility, with Unit 1 at 1227 60th Street providing access to both office and warehouse areas. The subject property's entrance is a separate warehouse access point. This prime Brooklyn location offers excellent potential for both business and investment. The property's size, versatile layout, and zoning make it an attractive option for a wide range of commercial enterprises.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,180,000
- ML approach
- $2,180,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,535,000
- 6.5%
- $1,415,000
- 7%
- $1,315,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,168,000
Market price range: $1.73M - $4.35M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,010,000 Current use
- OFFICE BUILDING
- $2,920,000 Change: -3% Conversion: Difficult
- WAREHOUSE, STORAGE
- $2,655,000 Change: -12% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,585,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9997
- Latitude
- 40.6299
- 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
$0.00
$36,000
$157,050
$193,050
-
$80,000
$349,000
$429,000
