You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,270,000
Manufacturing properties

142 Conover St Brooklyn, NY 11231-1122

2,500 SF 0.06 ac lot Built 1961
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US63-1728927
Property summary
AI-generated overview

This exceptional 2,500-square-foot flex space at 142 Conover Street in Brooklyn, New York, presents a unique opportunity for a variety of businesses. Located in the vibrant Red Hook neighborhood, this single-tenant property boasts a prime corner location, offering unparalleled visibility and accessibility. The building features impressive 16-foot ceilings, providing ample vertical space for creative design and efficient use of the area. Two convenient drive-in bays ensure easy loading and unloading of goods, making it ideal for businesses requiring efficient logistics. The open layout offers maximum flexibility for customization to suit specific operational needs. Its strategic location offers easy access to major transportation arteries, including the BQE and Hugh L. Carey Tunnel, providing seamless connectivity to Manhattan, Queens, and the rest of Brooklyn. Furthermore, its proximity to the Red Hook ferry and Brooklyn Cruise Terminal enhances its appeal and accessibility. The surrounding area is rich with popular establishments, including Hometown Bar-B-Que, Defonte’s Sandwich Shop, Pioneer Works, and Red Hook Tavern, creating a thriving and attractive environment for both employees and customers. This property is perfectly suited for a variety of uses, including art/design studios, taprooms, or other creative ventures requiring a spacious and well-located industrial space. The property is situated in Kings County, New York, with a zip code of 11231.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1961
Total area 2,500 SF
Lot 0.06 ac (2,500 SF)
Zoning code M2-1
APN 00554-0027
UPID US63-1728927
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.38M
Blend (final) Blend
$1.27M
Owner & transaction history
142 Conover LLC · 1 yrs held
142 Conover LLC
since 2024
Last sale
$1.3M
3 recorded transactions
2024
$1.3M
2019
Price N/A
2005
Price N/A
Zoning & alternative use
M2-1 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.0M +40.6%
Auto repair, garage $2.0M +40.0%
Retail stores $1.9M +35.7%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 142 Conover St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message