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229 49th Street 229-237 49th St 33,478 SF 100% Leased Industrial Building Brooklyn, NY 11220 For Sale
INVESTMENT HIGHLIGHTS
- Commercial end-user or investor opportunity in the heart of Sunset Park.
- Approximately 16 ft ceiling heights throughout the building.
- Current usage is a medical laboratory - comparative rents in the neighborhood average $42/SF.
- Building constructed in 2016 and is in pristine condition, offering up to 33,478 SF of usable space.
- One drive-in gate with up to 25 underground parking spaces.
- Nearby public transportation.
EXECUTIVE SUMMARY
SAB Capital is pleased to present 229 49th Street in the heart of Sunset Park, Brooklyn. Located between 2nd and 3rd avenue, the property is built to 33,181 square feet and is currently situated as a medical lab space.
The subject property is strategically located in a dense industrial area and provides immediate access to several public transit options (multiple bus lines, D, N, R, W trains), the BQE, Prospect Expressway, Bely Parkway and Battery Tunnel. Owner-users, Developers and Investors have the opportunity to purchase a primely-located property in a section of Brooklyn where commercial rents remain strong and growing.
The subject property is strategically located in a dense industrial area and provides immediate access to several public transit options (multiple bus lines, D, N, R, W trains), the BQE, Prospect Expressway, Bely Parkway and Battery Tunnel. Owner-users, Developers and Investors have the opportunity to purchase a primely-located property in a section of Brooklyn where commercial rents remain strong and growing.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Professional, Scientific, and Technical Services
- -
- -
- -
Empire City Laboratories is a full-service clinical laboratory that is dedicated to provide highly-efficient results to both doctors and patients. We guarantee our services and 100% confidentiality. Empire City Laboratories uses the latest medical technology to ensure the accuracy, reliability, and timeliness of patient test results.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Professional, Scientific, and Technical Services | - | - | - |
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Walk Score®
Very Walkable (74)
Transit Score®
Rider's Paradise (90)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 00772-0057 | Improvements Assessment | $1,566,000 |
| Land Assessment | $292,950 | Total Assessment | $1,858,950 |
PROPERTY TAXES
Parcel Number
00772-0057
Land Assessment
$292,950
Improvements Assessment
$1,566,000
Total Assessment
$1,858,950
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229 49th Street | 229-237 49th St
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