1572 Atlantic Ave Brooklyn, NY 11213
Property Lookup
Property profile & analytics
1572 Atlantic Ave Brooklyn, NY 11213
- Warehouses
- 4,000 SF
- 0.09 lot acres
Property ID
US63-1549450
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
- New York Carrier Trading Inc. / Hardware & Home Improvement / HVAC Service
Property Details for 1572 Atlantic Ave
- Year built
- 1910
- Lot size
- 0.09 lot acres
- Property size
- 4,000 SF
- Zone code
- M1-1
- Property type
- Warehouses
- APN
- 01204-0033
- APU
- 12040033
Description
This exceptional 4,000 square foot warehouse at 1572 Atlantic Avenue in Brooklyn, New York, presents a compelling investment opportunity. Currently vacant, this property offers immediate potential for lease or owner-occupancy. Situated on a 4,000 square foot lot, the building boasts convenient access to public transportation, being near the A train and B43 bus route. Its strategic location borders Bedford-Stuyvesant, a neighborhood experiencing significant growth, promising strong future returns. The warehouse features a drive-in loading bay, two bathrooms, and two offices, enhancing its functionality and appeal. Adding to its versatility is an additional 1,500 square feet of mezzanine space, providing valuable extra storage or office area. The building's high ceilings (14 feet) and substantial power capacity (up to 600 amps) cater to a wide range of industrial uses. The property is zoned M1-1 and measures 40 feet by 100 feet, offering flexibility for future development or expansion. This is a rare opportunity to acquire a well-located, versatile warehouse in a rapidly developing Brooklyn neighborhood. The asking price is $2,800,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,270,000
- ML approach
- $1,295,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,440,000
- 6.5%
- $1,330,000
- 7%
- $1,235,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,005,000 Current use
- OFFICE BUILDING
- $2,200,000 Change: +10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9392
- Latitude
- 40.6776
- 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
$18,475
$36,000
$141,300
$177,300
-
$80,000
$314,000
$394,000
