24 Mdw St Brooklyn, NY 11206-1708
Property profile & analytics
24 Mdw St Brooklyn, NY 11206-1708
- Warehouses
- 6,125 SF
- 0.14 lot acres
Property ID
US63-3152138
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
- D K Magazines Corporation / Big Box & Wholesale Store
Property Details for 24 Mdw St
- Year built
- 1986
- Lot size
- 0.14 lot acres
- Property size
- 6,125 SF
- Zone code
- M1-1
- Property type
- Warehouses
- APN
- 03030-0012
- APU
- 30300012
Description
This exceptional 6,125-square-foot industrial property, located in East Williamsburg's thriving industrial park, presents a unique leasing opportunity. The single-tenant building boasts a desirable array of features, including an 18-foot ceiling height, providing ample vertical space for storage and operations. Access is convenient with one overhead drive-in gate and street-to-street access, facilitating efficient loading and unloading. The property includes a functional office space, enhancing operational efficiency. A comprehensive sprinkler system ensures safety, while gas heat provides reliable climate control. The building is equipped with substantial power, featuring 400 amps, to accommodate demanding manufacturing or warehousing needs. The M1 zoning designation offers flexibility for a variety of industrial uses. Its strategic location offers easy access to public transportation, situated just three blocks from the Grand Street/Bushwick Avenue "L" train station, ensuring convenient commutes for employees and seamless logistical connections. The property is ready for immediate occupancy, presenting an excellent opportunity for businesses seeking a well-equipped and strategically located industrial space in a vibrant Brooklyn neighborhood. The vacant space totals 6,125 square feet, encompassing the entire building. The property is situated in Kings County and has Bogart Street as a cross street.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,205,000
- 6.5%
- $2,035,000
- 7%
- $1,890,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,275,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,870,000 Change: -18% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9362
- Latitude
- 40.7104
- 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
$38,227
$104,850
$340,200
$445,050
-
$233,000
$756,000
$989,000
