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    OFF-MARKET Estimated value $2,200,000
    Auto shops

    235 Van Brunt St, Brooklyn, NY 11231-1233

    0.05 ac lot
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-3264068
    Property summary
    AI-generated overview

    This exceptional property at 235 Van Brunt Street in Brooklyn, NY (zip code 11231) offers a unique blend of industrial, land, and office space, perfect for a variety of businesses. The property is zoned M1-1 and features a total of 10,300 square feet of usable space, including a substantial yard area and ample parking. Currently, there are 10,300 square feet vacant, offering significant flexibility for tenants. The property's multiple tenancy structure allows for diverse occupancy options. The address is conveniently located in the heart of Red Hook, providing easy access to major bridges and tunnels, ensuring excellent connectivity throughout the New York metropolitan area. The property's APN is 522-9, 11. While the listing mentions spaces ranging from 5,800 to 16,000 square feet, the currently available space totals 10,300 square feet. This versatile space is ideal for businesses seeking a combination of industrial, yard, and office functionality in a highly desirable Brooklyn location. The property's central location and flexible layout make it an attractive opportunity for businesses seeking a strategic foothold in this thriving area.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Lot 0.05 ac (2,250 SF)
    Zoning code M1-1
    APN 00522-0009
    UPID US63-3264068
    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
    $2.20M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.20M
    Owner & transaction history
    235-237 Van Brunt LLC · 1 yrs held
    235-237 Van Brunt LLC
    since 2024
    Last sale
    $2.2M
    4 recorded transactions
    2024
    $2.2M
    2023
    $1.5M
    2019
    2007
    Zoning & alternative use
    M1-1 · Brooklyn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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