937 51st St 943 Brooklyn, NY 11203-6735
This exceptional 4,000 square foot industrial property, previously used as a church, presents a unique opportunity for a variety of businesses. Located on E 51st Street, with convenient access via Farragut Road, this single-tenant building sits on a 5,000 square foot lot and offers a 14-foot ceiling height. The property features one drive-in door, providing easy loading and unloading capabilities. A significant advantage is the 1,000 square foot driveway directly accessible to the building, enhancing operational efficiency. The building is zoned M1-1, allowing for a wide range of manufacturing, flex, warehouse, and distribution uses. The property boasts a single story and a 50-foot frontage. There are no loading docks or dock-high doors, and no elevators are present. This versatile space is immediately available, making it an ideal choice for businesses seeking a quick move-in. The adaptable layout and ample space offer significant potential for customization to meet specific operational needs. The property's strategic location and zoning make it a highly attractive investment opportunity. Don't miss this chance to secure this well-positioned industrial property.
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Celestial Church of Christ Church
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Pure Water Main & Sewers Inc Water Utility Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1-1 · Brooklyn, NYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.