538 Johnson Ave Brooklyn, NY 11237
Property profile & analytics
538 Johnson Ave, Brooklyn, NY 11237
- Manufacturing properties
- 121,279 SF
- 1.33 lot acres
Property ID
US63-2723606
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
- Architectural Coatings Inc / Painter / Powder Coating Service
- Mik Space / (Bike/Boat/Book/etc) Store / Photography Service
- THE PRINT HOUSE / Marketing & Advertising / Printing Service
- Free Mind, The Studio / Training Center
- seandshoots inc. / Marketing & Advertising / Advertising Agency
Property Details for 538 Johnson Ave
- Year built
- 1930
- Lot size
- 1.33 lot acres
- Property size
- 121,279 SF
- Zone code
- M1-2
- Property type
- Manufacturing properties
- APN
- 02994-0011
- APU
- 29940011
Description
This exceptional property at 538 Johnson Avenue in Brooklyn, New York offers a unique opportunity for businesses seeking versatile office space. Located in the vibrant East Williamsburg neighborhood, this newly converted warehouse boasts a range of sizes, from 1,216 square feet to 6,670 square feet, making it suitable for a variety of needs. The space features attractive, modern updates including level concrete flooring, upgraded electrical systems, and brand new lighting fixtures throughout. Renovated bathrooms add a touch of contemporary comfort. High ceilings and large, new windows create an airy and bright atmosphere, maximizing natural light and ventilation – a rare find in this area. The flexible lease terms are ideal for startups or growing companies requiring adaptable space to accommodate expansion. Its convenient location offers easy access to public transportation, with the Morgan and Jefferson L train stations within walking distance. The property is classified as Office and Industrial, encompassing Executive Office, Medical Office, Manufacturing, Distribution, Warehouse, and Traditional Office subtypes, catering to a diverse range of potential tenants. This Kings County location provides a compelling blend of modern amenities, convenient transit access, and flexible lease options. The multiple tenancy structure allows for diverse occupancy arrangements.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $35,960,000
- 6.5%
- $33,195,000
- 7%
- $30,825,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9262
- Latitude
- 40.7084
- 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
$452,865
$989,550
$4,038,750
$5,028,300
-
$2,199,000
$8,975,000
$11,174,000
