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Investment Highlights

  • Prime Sunset Park The area is served by several bus lines and is within walking distance of the 45 St (R train) subway station.  Close to local parks

Executive Summary

PRIME SUNSET PARK!!!!
Built 1988 --HIGH CUBE WAREHOUSE!!!
ZONED M1-2 / FAR 2.0 / 22’ CEILINGS / High Gate
• 5,100 SF warehouse space with 22’ ceilings
• 16’ roll up gate •  3 yr-old roof w/ bar trusses ceiling, corrugated metal w concrete and rubber top coat.
• Heavy Power (3 phase/400amps) • Duplex Offices/Showroom w/ Bathroom
• Ideal for light industrial, logistics/warehousing, trucking, film studio, artist/artisan—any usage!!
• FAR 2.0 allows 10,200 buildable sq ft / Medical /Community Facility allows 24,000 buildable sq ft
• For Medical or Community Usage —NYU Langone Lutheran is 2 short blocks away.
• Current tenant has 1.5 years remaining on NNN lease at $10,500/mo --Real Estate taxes : $24,000/yr
• Can be delivered vacant

Property Facts

Price $3,500,000
Price Per SF $686.27
Sale Type Investment or Owner User
Cap Rate 4.29%
Sale Conditions
1031 Exchange
  • High Vacancy Property
  • Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 0.12 AC
Rentable Building Area 5,100 SF
No. Stories 1
Year Built 1988
Tenancy Single
Clear Ceiling Height 22’
No. Drive In / Grade-Level Doors 16
Opportunity Zone Yes
Zoning M1-2D - M1-2 --FAR 2.0 allows 10,200 buildable sq ft / Medical /Community Facility allows 24,000 buildable sq ft NYU LUTHERAN JUST A FEW BLOCKS AWAY!!!!

Amenities

  • Security System
  • Signage
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Walk Score®
Very Walkable (86)
Transit Score®
Rider's Paradise (91)
Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
00781-0012
Land Assessment
$68,850
Improvements Assessment
$188,550
Total Assessment
$257,400
  • Listing ID: 39768802

  • Date on Market: 3/13/2026

  • Last Updated:

  • Address: 214 49th St, Brooklyn, NY 11220

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