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201-209 46th St 68,000 SF 95% Leased Industrial Building Brooklyn, NY 11220 $19,300,000 ($283.82/SF)
INVESTMENT HIGHLIGHTS
- Includes parking area
EXECUTIVE SUMMARY
Free-Standing Industrial Asset: Spanning approximately 65,000 SF, this multi
-story industrial-warehouse sits on a 26,000 SF lot with dual street frontage between
45th and 46th Streets.
• Flexible Zoning with Air Right: M1-2D is ideal for a variety of uses including
warehouse, distribution, showroom, creative office, loft and community facility.
FAR for Commercial is 2, FAR for Community Facility is 4.8 which can be expanded
to appox.124,800 buildable square feet
• Strong Tenant Mix & Cash Flow: 98% leased to multiple stable tenants under
diverse commercial uses. Current configuration supports a hybrid of office,
warehouse, showroom and arts/nonprofit spaces , generating consistent rental
income.
• Strategic Location & Access: Positioned near Industry City, the Brooklyn Army
Terminal, and key arteries like the Gowanus Expressway, this property offers
exceptional transportation connectivity (R Train, B37, ferry, and highway
access) and direct access to Manhattan-bound traffic.
• Parking & Loading Infrastructure: On-site parking, loading docks, and freight
elevator support high operational efficiency for logistics, storage, and showroom
use.
• Proximity to Creative and Industrial Revitalization: Located just steps from
Industry City, one of NYC’s premier destinations for creative industry, media,
food, and light manufacturing. The surrounding neighborhood continues to benefit
from investment, rezoning momentum, and growing cultural vibrancy.
10,000 square feet of parking
95% occupied property
-story industrial-warehouse sits on a 26,000 SF lot with dual street frontage between
45th and 46th Streets.
• Flexible Zoning with Air Right: M1-2D is ideal for a variety of uses including
warehouse, distribution, showroom, creative office, loft and community facility.
FAR for Commercial is 2, FAR for Community Facility is 4.8 which can be expanded
to appox.124,800 buildable square feet
• Strong Tenant Mix & Cash Flow: 98% leased to multiple stable tenants under
diverse commercial uses. Current configuration supports a hybrid of office,
warehouse, showroom and arts/nonprofit spaces , generating consistent rental
income.
• Strategic Location & Access: Positioned near Industry City, the Brooklyn Army
Terminal, and key arteries like the Gowanus Expressway, this property offers
exceptional transportation connectivity (R Train, B37, ferry, and highway
access) and direct access to Manhattan-bound traffic.
• Parking & Loading Infrastructure: On-site parking, loading docks, and freight
elevator support high operational efficiency for logistics, storage, and showroom
use.
• Proximity to Creative and Industrial Revitalization: Located just steps from
Industry City, one of NYC’s premier destinations for creative industry, media,
food, and light manufacturing. The surrounding neighborhood continues to benefit
from investment, rezoning momentum, and growing cultural vibrancy.
10,000 square feet of parking
95% occupied property
PROPERTY FACTS
| Price | $19,300,000 | No. Stories | 5 |
| Price Per SF | $283.82 | Year Built/Renovated | 1900/1990 |
| Sale Type | Investment or Owner User | Parking Ratio | 0.59/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 12’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 3 |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 0.60 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 68,000 SF | ||
| Zoning | M1-2D - Light industrial with offices, hotels, and most retail uses permitted | ||
| Price | $19,300,000 |
| Price Per SF | $283.82 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.60 AC |
| Rentable Building Area | 68,000 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1900/1990 |
| Parking Ratio | 0.59/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 5 |
| Opportunity Zone |
Yes |
| Zoning | M1-2D - Light industrial with offices, hotels, and most retail uses permitted |
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Walk Score®
Very Walkable (86)
Transit Score®
Rider's Paradise (93)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 00745-0001 | Improvements Assessment | $2,951,100 |
| Land Assessment | $234,450 | Total Assessment | $3,185,550 |
PROPERTY TAXES
Parcel Number
00745-0001
Land Assessment
$234,450
Improvements Assessment
$2,951,100
Total Assessment
$3,185,550
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201-209 46th St
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