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311 Scholes St
Brooklyn, NY 11206
Industrial Property For Sale
Investment Highlights
- Tenant has been operating at the location since 2013, and is leasing an additional 20,000 SF nearby with 311 Scholes Street remaining
- Tenant has just signed a 7 year renewal after an original 5 year term
- 4% year over year rent increases offer strong inflation hedge
- NN Lease with no landlord responsibilities except external roof and structural repairs
Property Facts
| Property Type | Industrial | Year Built/Renovated | 1920/2021 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 15’ |
| Rentable Building Area | 7,475 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 1 | ||
| Zoning | M1-1 - M1-1 zoning in New York City is a light manufacturing district that allows for manufacturing, commercial, and community facility uses. | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Rentable Building Area | 7,475 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1920/2021 |
| Tenancy | Single |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M1-1 - M1-1 zoning in New York City is a light manufacturing district that allows for manufacturing, commercial, and community facility uses. |
Utilities
- Gas
- Heating
Property Taxes
| Parcel Number | 03038-0030 | Improvements Assessment | $565,650 |
| Land Assessment | $117,900 | Total Assessment | $683,550 |
Property Taxes
Parcel Number
03038-0030
Land Assessment
$117,900
Improvements Assessment
$565,650
Total Assessment
$683,550
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