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Warehouse

255 47th Street

255 47th Street, Brooklyn, NY 11220

Listing Price: $7,995,000

Gross SF
18,000
Price/Gross SF
$444.17
Lot Size
0.23 acres
Year Built
1924
Rentable SF
18,000

Investment Overview

Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 255 47th Street, a two-story industrial property located between 2nd and 3rd Avenue in the Sunset Park section of Brooklyn, NY. The subject property is built full on a 100 ft x 100.17 ft lot and has M1-2D zoning allowing for an additional 2,000 buildable square feet as-of-right (Block: 00754 Lot: 0052). The building features high ceilings throughout and a 8,000-pound, four-pallet capacity freight elevator. The building totals 18,000 square feet spread across two levels. The ground floor totals 10,000 square feet with 9,000 square feet of warehouse space and 1,000 square feet of executive office space (approximately), while the second-floor features 8,000 square feet of warehouse space a 2,000 square feet of outdoor terrace space. 255 47th Street is located four blocks away from the 45th Street “R” subway station, providing for an easy commute to Manhattan and Downtown Brooklyn. Owner users and investors have the opportunity to purchase a strategically located industrial property in the rapidly growing Sunset Park neighborhood. The purchaser can capitalize on the close proximity to public transportation and take advantage of the rising rents and sale prices in the area.

Investment Highlights

  • 10,000 SF on Ground Floor and 8,000 SF of 2nd Floor
  • 10,000 SF on Ground Floor and 8,000 SF of 2nd Floor
  • 8,000 Pound Freight Elevator
  • Located Three Blocks Away from 45th Street "R" Subway
  • Features 12'8" Ceiling Heights in the Middle of Building and 15'8" on the Second Floor
  • 12'5" Roll-Up Gate
  • Up the Block from Steiner Studios Waterfront Development, Brooklyn Army Terminal and Industry City
  • Located Within a Qualified Opportunity Zone

Exclusively Listed By

Warehouse

255 47th Street

Listing Price: $7,995,000

Gross SF
18,000
Price/Gross SF
$444.17
Lot Size
0.23 acres
Year Built
1924
Rentable SF
18,000

Investment Highlights

  • 10,000 SF on Ground Floor and 8,000 SF of 2nd Floor
  • 10,000 SF on Ground Floor and 8,000 SF of 2nd Floor
  • 8,000 Pound Freight Elevator
  • Located Three Blocks Away from 45th Street "R" Subway
  • Features 12'8" Ceiling Heights in the Middle of Building and 15'8" on the Second Floor
  • 12'5" Roll-Up Gate
  • Up the Block from Steiner Studios Waterfront Development, Brooklyn Army Terminal and Industry City
  • Located Within a Qualified Opportunity Zone

Investment Overview

Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 255 47th Street, a two-story industrial property located between 2nd and 3rd Avenue in the Sunset Park section of Brooklyn, NY. The subject property is built full on a 100 ft x 100.17 ft lot and has M1-2D zoning allowing for an additional 2,000 buildable square feet as-of-right (Block: 00754 Lot: 0052). The building features high ceilings throughout and a 8,000-pound, four-pallet capacity freight elevator. The building totals 18,000 square feet spread across two levels. The ground floor totals 10,000 square feet with 9,000 square feet of warehouse space and 1,000 square feet of executive office space (approximately), while the second-floor features 8,000 square feet of warehouse space a 2,000 square feet of outdoor terrace space. 255 47th Street is located four blocks away from the 45th Street “R” subway station, providing for an easy commute to Manhattan and Downtown Brooklyn. Owner users and investors have the opportunity to purchase a strategically located industrial property in the rapidly growing Sunset Park neighborhood. The purchaser can capitalize on the close proximity to public transportation and take advantage of the rising rents and sale prices in the area.

Exclusively Listed By

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