Property summary
This exceptional 10,000 square foot single-tenant industrial property at 2902 West 37th Street in Brooklyn, NY (zip code 11224) presents a unique investment opportunity. The building features a 10,000 square foot warehouse space with an additional 6,000 square feet of parking, ideal for a variety of uses. The warehouse boasts ceiling heights ranging from 18 to 30 feet and includes three convenient drive-in bays. The property is zoned R3-1, C1-2, offering flexibility for diverse business ventures. Its unique architectural features include a dome roof. This prime location in Brooklyn offers unparalleled access to a thriving community and significant tourist traffic, situated near Coney Island's iconic attractions including the New York Aquarium, Luna Park, Ford Amphitheater, MCU Park, and Nathan's Famous. The area is experiencing substantial growth, with approximately 66 rental properties (4,028 units) and 50 condominium properties (1,061 units) currently in various stages of planning or construction. This presents a compelling opportunity for businesses seeking to establish themselves in a dynamic and rapidly developing neighborhood. The property's size and amenities make it suitable for a wide range of uses, including retail, auto repair, restaurants, medical facilities, and more. The APN is 7031-18.
Property profile
VerifiedCap rate & NOI
Current use
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Electronics & Wireless Store
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Business To Business Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R3-1 · Brooklyn, NYZoning
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Zoning designation
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