Log In/Sign Up
Your email has been sent.
229-237 49th St 33,478 SF Office Building Brooklyn, NY 11220 $17,500,000 ($522.73/SF)
Investment Highlights
- Significantly upgraded electrical service and power distribution systems installed to support advanced laboratory and technical equipment
- Purpose-built commercial facility with robust building infrastructure rarely found in conventional commercial buildings
- Conveniently served by multiple subway lines, bus routes, and nearby freight and maritime facilities
- Immediate access to Brooklyn-Queens Expressway, Gowanus Expressway, Brooklyn Battery Tunnel, and Verrazzano-Narrows Bridge
- Modern mechanical infrastructure and flexible floor plan suited for life sciences, biotechnology, medical, and R&D uses
- Pristine building condition constructed in 2016
Executive Summary
Vacant modern commercial facility with robust electrical infrastructure, 16-foot ceilings, and 25-space basement parking. Formerly headquarters of Empire City Laboratories, offering exceptional adaptive reuse potential for life sciences, biotechnology, medical, healthcare, R&D, advanced manufacturing, technology, and professional office uses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
33,478 SF
Building Class
B
Year Built
2016
Price
$17,500,000
Price Per SF
$522.73
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
8,000 SF
Building FAR
3.34
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
M1-2D - M1-2D
Parking
25 Spaces (0.75 Spaces per 1,000 SF Leased)
Amenities
- Reception
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00772-0057 | Improvements Assessment | $1,849,050 |
| Land Assessment | $292,950 | Total Assessment | $2,142,000 |
Property Taxes
Parcel Number
00772-0057
Land Assessment
$292,950
Improvements Assessment
$1,849,050
Total Assessment
$2,142,000
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
229-237 49th St