201 Ingraham St Brooklyn, NY 11237-1512
- Manufacturing properties
- 10,500 SF
- 0.24 lot acres
Mar 06, 2024
Current Use by Public Records
- Manufacturing properties
Property Details for 201 Ingraham St
- Year built
- 1931
- Lot size
- 0.24 lot acres
- Property size
- 10,500 SF
- Zone code
- M1-2
- Property type
- Manufacturing properties
- APN
- 02995-0001
- APU
- 29950001
Description
This exceptional 10,500-square-foot warehouse property is ideally situated at 201 Ingraham Street in the vibrant Bushwick neighborhood of Brooklyn, New York, zip code 11237. The single-tenant building boasts a spacious layout, measuring approximately 105 feet wide by 100 feet deep, offering ample room for various industrial or storage needs. The property features impressive ceiling heights ranging from 15 to 25 feet, providing significant vertical space. Access is facilitated by 14 dock-high doors, ensuring efficient loading and unloading operations. The building sits on a 0.22-acre lot and is a one-story structure with a floor area ratio (FAR) of 2. The property is zoned M1-2, allowing for a variety of industrial uses. Its convenient location offers easy access to public transportation, being just three blocks from the Jefferson Avenue L train station, providing excellent connectivity throughout the city. This warehouse presents a unique opportunity to secure a substantial industrial space in a rapidly developing and highly sought-after area of Brooklyn. The property is currently fully occupied.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,320,000
- ML approach
- $4,320,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,115,000
- 6.5%
- $2,875,000
- 7%
- $2,670,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,325,000
Market price range: $3.43M - $8.62M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $5,960,000 Current use
- OFFICE BUILDING
- $5,780,000 Change: -3% Conversion: Difficult
- WAREHOUSE, STORAGE
- $5,260,000 Change: -12% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9254
- Latitude
- 40.7084
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA