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2 St Nicholas Ave 9,000 SF 100% Leased Industrial Building Brooklyn, NY 11237 $7,500,000 ($833.33/SF)
INVESTMENT HIGHLIGHTS
- 2 St. Nicholas is a two story building with a lower level which is currently net leased to My Hub Studios.
- Easily accessed by the L, J, Z and M subway lines.
EXECUTIVE SUMMARY
2 St. Nicholas is a two story building with a lower level which is currently net leased to My Hub Studios who provide a wide variety of professional and custom built work spaces.
The neighborhood, once an industrial hub has undergone a renaissance in the last few years and has attracted a multitude of investors to the area as evidenced by the new residential and commercial developments. In addition, there is a thriving street art, gallery, restaurant, cafe and bar scene; Brooklyn Made, House of Yes!, Roberta’s, Sally Roots, Bunna Café and Ichiran to name a few. Easily accessed by the L, J, Z and M subway lines.
The neighborhood, once an industrial hub has undergone a renaissance in the last few years and has attracted a multitude of investors to the area as evidenced by the new residential and commercial developments. In addition, there is a thriving street art, gallery, restaurant, cafe and bar scene; Brooklyn Made, House of Yes!, Roberta’s, Sally Roots, Bunna Café and Ichiran to name a few. Easily accessed by the L, J, Z and M subway lines.
PROPERTY FACTS
| Price | $7,500,000 | Rentable Building Area | 9,000 SF |
| Price Per SF | $833.33 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1931 |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 1 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.10 AC | ||
| Zoning | M1-1 - Light industrial with offices, hotels, and most retail uses permitted | ||
| Price | $7,500,000 |
| Price Per SF | $833.33 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.10 AC |
| Rentable Building Area | 9,000 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 1 |
| Opportunity Zone |
Yes |
| Zoning | M1-1 - Light industrial with offices, hotels, and most retail uses permitted |
AMENITIES
- 24 Hour Access
- Bus Line
- Metro/Subway
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (90)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 03177-0020 | Improvements Assessment | $592,200 |
| Land Assessment | $101,250 | Total Assessment | $693,450 |
PROPERTY TAXES
Parcel Number
03177-0020
Land Assessment
$101,250
Improvements Assessment
$592,200
Total Assessment
$693,450
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2 St Nicholas Ave
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