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Property profile & analytics
OFF-MARKET
Manufacturing properties

553 Un St Brooklyn, NY 11215-1024

1,800 SF 0.04 ac lot Built 1931
Entity Owned 8-yr Hold Free & Clear
Property ID
US63-3285081
Property summary
AI-generated overview

This exceptional 1,800 square foot warehouse, located at 553 Union Street in the vibrant Gowanus section of Brooklyn, New York, presents a fantastic opportunity for businesses seeking a versatile industrial space. Built in 1931, this single-tenant property sits on a 1,851 square foot lot and boasts a 14-foot ceiling height, providing ample room for storage and operations. The building is a single story structure, offering easy accessibility and efficient workflow. The property is fully vacant, allowing for immediate occupancy and customization to suit specific business needs. Located near Nevins Street, this warehouse benefits from its strategic position within the busy South Brooklyn Gowanus area, offering excellent access to transportation routes and a thriving commercial environment. The property is zoned M1-2, providing flexibility for a range of industrial uses. Heating and air conditioning are included, ensuring a comfortable working environment year-round. This is a rare opportunity to acquire a well-located, functional warehouse in a highly sought-after Brooklyn neighborhood. The property's size and features make it suitable for a variety of businesses, from light manufacturing to storage and distribution. Don't miss this chance to establish your business in this dynamic area. Kings County (Brooklyn) location, zip code 11215.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1931
Total area 1,800 SF
Lot 0.04 ac (1,853 SF)
Zoning code M14R6A
APN 00433-0058
UPID US63-3285081
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
Current use
Occupant on record · Public records
  • New York Hydro - Always Blooming Garden Center
  • Art Artery Inc Home Decor Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
553 Union Street LLC · 8 yrs held
553 Union Street LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
M14R6A · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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