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Property profile & analytics
OFF-MARKET Estimated value $7,750,000
Manufacturing properties

30 Franklin St 34 Brooklyn, NY 11222-2039

5,294 SF 0.19 ac lot Built 1931
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US63-3003405
Property summary
AI-generated overview

This exceptional industrial property at 30 Franklin Street offers a versatile warehouse and manufacturing space spanning 2,587 to 14,393 square feet. The single-tenant building boasts a prime location at the border of Williamsburg and Greenpoint, benefiting from the area's burgeoning commercial and cultural growth. The property features convenient access from both Franklin and Banker Streets, facilitated by two drive-in doors and three roll-up gates. High ceilings and abundant skylights create a bright and spacious interior, ideal for a variety of uses, from temporary storage to permanent installations. An adjacent parking lot provides ample parking for employees and clients. The building's strategic location offers easy access to public transportation, including the Nassau Avenue 'G' train station, the ferry terminal, and numerous Citi Bike stations, all within a short distance. This unique property presents a compelling opportunity for businesses seeking a flexible and well-situated industrial space in a rapidly developing neighborhood. The size flexibility allows for customization to suit various business needs and operational requirements. The combination of convenient access, ample space, and a desirable location makes 30 Franklin Street an exceptional investment opportunity.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1931
Total area 5,294 SF
Lot 0.19 ac (8,060 SF)
Zoning code M1-1
APN 02592-0011
UPID US63-3003405
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
$7.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.75M
Owner & transaction history
30-38 Franklin Owner LLC · 1 yrs held
30-38 Franklin Owner LLC
since 2024
Last sale
$7.8M
7 recorded transactions
2026
Price N/A
2026
Price N/A
2024
Price N/A
2024
$7.8M
2024
Price N/A
2023
Price N/A
2020
Price N/A
Zoning & alternative use
M1-1 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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