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Property profile

197 34th St Brooklyn, NY 11232

OFF-MARKET
Warehouses
Property ID
US63-1667543
View Sample
5,250 SF 0.06 ac lot Built 1982
Entity Owned ~ Est. High Equity

Property summary

AI-generated overview

This exceptional two-story warehouse at 197 34th Street in Brooklyn, New York, offers 5,125 square feet of versatile space, ideal for various industrial uses. The property boasts a 2,500 square foot ground floor, including a 1,500 square foot cold storage area with impressive 25-foot ceilings. A convenient curb cut and drive-in loading dock ensure efficient operations. The second floor provides 1,000 square feet of office space, perfect for administrative needs. A sizable 1,625 square foot basement, featuring 8-foot ceilings and a roll gate entry, adds significant storage capacity. The cold storage area can accommodate up to 170 pallets (4.5 feet high). Situated on a 2,504 square foot lot, this property is zoned R6B. Its strategic location offers unparalleled convenience, just a two-minute walk from the 36th Street D/N/R train station and B63 & B70 bus stops, and only five blocks from the Gowanus Expressway's 39th Street entrance. Nearby businesses and attractions include Industry City, Liberty View Industrial Plaza, and Costco Wholesale. This property is located in a Qualified Opportunity Zone and can be purchased with the adjacent 199 34th Street. Asking price is $2,290,000.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1982
Total area 5,250 SF
Lot 0.06 ac (2,504 SF)
Zoning code R6B
APN 00685-0066
UPID US63-1667543

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2026
2 recorded transactions
2026
$1.1M
2006
Price N/A

Zoning & alternative use

R6B · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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