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Property profile & analytics
OFF-MARKET Estimated value $725,000
Manufacturing properties

747 Belmont Ave Brooklyn, NY 11208-2207

3,000 SF 0.08 ac lot Built 1925
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US63-1615694
Property summary
AI-generated overview

This exceptional 6,000-square-foot warehouse located at 747 Belmont Avenue in Brooklyn, New York, presents a significant opportunity for businesses seeking ample space and convenient access. The single-story building sits on a 6,000-square-foot lot, offering excellent potential for both storage and operational needs. The warehouse boasts a generous 15-foot ceiling height, providing ample vertical space for various storage solutions and equipment. Three drive-in doors ensure efficient loading and unloading, streamlining operations and maximizing productivity. The property is zoned R5B, offering flexibility for a range of industrial uses. The entire 6,000 square feet is currently vacant and ready for immediate occupancy. With a 60-foot frontage, the building offers excellent visibility and accessibility. Located in the 11208 zip code of Brooklyn, NY, this warehouse provides a strategic location within a vibrant and dynamic commercial area. This property is ideal for businesses requiring substantial storage, manufacturing, or distribution space. Don't miss this chance to secure a prime industrial space in a thriving Brooklyn neighborhood.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1925
Total area 3,000 SF
Lot 0.08 ac (3,308 SF)
Zoning code R5
APN 04019-0038
UPID US63-1615694
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
  • DSK Iron Works General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$810k
Comparable Approach Comparable
by Request
Blend (final) Blend
$725k
Owner & transaction history
747 Belmont Avenue LLC · 7 yrs held
747 Belmont Avenue LLC
since 2018
6 recorded transactions
2019
Price N/A
2018
$1.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R5 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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