4401 2Nd Ave Brooklyn, NY 11232
Property Lookup
Property profile & analytics
4401 2Nd Ave Brooklyn, NY 11232
- Industrial properties
- 25,500 SF
- 0.46 lot acres
Property ID
US63-1605938
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
- PetsWorld Online Pet Supply / (Bike/Boat/Book/etc) Store / Pet Store & Service
Property Details for 4401 2Nd Ave
- Year built
- 1913
- Lot size
- 0.46 lot acres
- Property size
- 25,500 SF
- Zone code
- M12D
- Property type
- Industrial properties
- APN
- 00736-0001
- APU
- 7360001
Description
This exceptional industrial property, located at 4401 2nd Avenue in Brooklyn, NY 11232, presents a significant investment opportunity. The vacant warehouse boasts a substantial 56,423 square feet of space above grade, plus an additional approximately 6,000 square feet of below-grade area. The building, constructed in 1913, features a commanding presence with 489 feet of wraparound frontage encompassing the entire end of the block. This includes 200 feet on 2nd Avenue, 185 feet on 44th Street, and 104 feet on 45th Street. Convenient loading access is provided by seven 11-foot roll-up gates and two 16-foot drive-in bays. Two freight elevators further enhance operational efficiency. The property is ideally situated in the prime Sunset Park neighborhood, just blocks from Industry City and the D, N, and R subway lines. The existing building offers significant development potential. Under community facility development guidelines, the maximum floor area ratio (FAR) could increase to 4.80, allowing for a total buildable area of 138,912 square feet. The asking price for this two-unit warehouse is $22,590,000, translating to $407 per square foot. This property is priced to sell and represents a rare opportunity to acquire a large-scale industrial asset in a rapidly developing area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $905,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,334,000
Market price range: $661k - $2.19M -
Alternative Use
- Use
- Estimation
- PRINTING * PUBLISHING (LIGHT INDUSTRIAL)
- $1,105,000 Current use
- WAREHOUSE, STORAGE
- $1,820,000 Change: +65% Conversion: Difficult
- OFFICE BUILDING
- $1,520,000 Change: +37% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.0135
- Latitude
- 40.652
- 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
$145,585
$360,450
$1,211,850
$1,572,300
-
$801,000
$2,693,000
$3,494,000
