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- LoopNet Team
60 Grattan St
Brooklyn, NY 11237
Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 2009 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.18 AC | Clear Ceiling Height | 20’ |
| Rentable Building Area | 8,000 SF | No. Drive In / Grade-Level Doors | 3 |
| Zoning | M1-1 | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.18 AC |
| Rentable Building Area | 8,000 SF |
| No. Stories | 1 |
| Year Built | 2009 |
| Tenancy | Single |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M1-1 |
AMENITIES
- Fenced Lot
- Front Loading
- Security System
- Yard
- Storage Space
UTILITIES
- Gas
ABOUT 60 GRATTAN ST , BROOKLYN, NY 11237
- 7,890 square foot land area (footprint) - 8,000 square foot floor area (90% paved) - 141 linear feet of full corner, double exposure (legal curb cuts both sides) - ICAP Tax Abatement - $13,534* annual property tax. 24 of 25 years remaining regardless of improvements or assessments (subject to verification) * (Tax class - 4; Assessment (TY 2016/17) - $287,550; Market value - $639,000; Billable assessed - $292,113; Tax rate - 10.65%; Tax before exemptions/Abatements - $31,128,; ICAP discount - $17,594; Annual property tax - $13,534) PROPERTY FEATURES: - Accommodates up to three commercial rental tenants - Multiple designated entrances - Maximum ceiling height - 17.5 ft - Two bathrooms - Upgraded new energy-saving LED overhead lighting fixtures - Gas heating (fixed blowers) - Upgraded 600 amp power supply - Upgraded new electrical wiring, gas delivery and connections - Video security monitoring system throughout PROPERTY SPECIFICATIONS: - Building class: F-5 (factory/industrial/light manufacturing) - Zone: M1-1 - Property type: Pre-ACRIS (prior 1969) - Commercial FAR: 1.0 (7,890 total BSF w/1,617 BSF available) - Community facility FAR: 2.4 (18,936 BSF w/12,663 BSF available) - Landmarked: No - Community board: 1 - Year built: Original structure 1909. Additional structure 2016 - Comparative area lease rates (CARL): $25 - $50 sf - Current CAP Rate (based on current configuration): 4-5% * All information obtained from the Owner and/or publicly accessible documentation.
PROPERTY TAXES
| Parcel Number | 03008-0016 | Improvements Assessment | $796,950 |
| Land Assessment | $118,800 | Total Assessment | $915,750 |
PROPERTY TAXES
