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273 Russell St 9,033 SF Industrial Building Brooklyn, NY 11222 $3,950,000 ($437.29/SF)
Investment Highlights
- 9,033 SF industrial/flex building with 16-18' ceilings and 1 & 2-story layout in Greenpoint, Brooklyn.
- Asking price of $3,950,000 ($437/SF) with significant redevelopment potential.
- Strong local demographics with $959M+ consumer spend within 1 mile.
- M1-1 zoning allows for a wide range of industrial, commercial, and creative uses.
- Prime location with direct access to BQE, Pulaski Bridge, and public transit options.
- Proximity to McCarren Park, Greenpoint Terminal Market, and major employment centers.
Executive Summary
Cory Rosenthal
Matthews Real Estate Investment Services, Inc
License # 10991237833, 10311210106 (NY)
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # 10991237833, 10311210106 (NY)
575 5th Ave., Ste 2810 New York, NY 10017
(866) 889-0550
Property Facts
| Price | $3,950,000 | Rentable Building Area | 9,033 SF |
| Price Per SF | $437.29 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1931 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.14 AC | ||
| Zoning | M1-1 | ||
| Price | $3,950,000 |
| Price Per SF | $437.29 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.14 AC |
| Rentable Building Area | 9,033 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | M1-1 |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Midway Electrical Contracting
- Construction
- -
- -
- -
- Zen General Construction Co Inc
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Midway Electrical Contracting | Construction | - | - | - | ||
| Zen General Construction Co Inc | Construction | - | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 02605-0030 | Improvements Assessment | $334,800 |
| Land Assessment | $72,900 | Total Assessment | $407,700 |
Property Taxes
Parcel Number
02605-0030
Land Assessment
$72,900
Improvements Assessment
$334,800
Total Assessment
$407,700
Contacts
-
DJ Johnston -
Bobby Lawrence -
Bryan Kirk -
Matthews Real Estate Investment Services
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273 Russell St
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