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858 62nd St 7,600 SF Industrial Building Brooklyn, NY 11220 $5,750,000 ($756.58/SF)
INVESTMENT HIGHLIGHTS
- Calling All Investors, Developers & End-Users!!! 7,600 Sqft. Industrial Building With M1-1 Zoning For Sale In Sunset Park!!!
- The Property Is Located In The Heart Of Sunset Park 4 Blocks Off I-278 & Minutes From The Verrazzano Bridge!!!
- The Entire Building Can Be Delivered Vacant If Need Be.
- The Property Features Excellent Signage, Great Exposure, High 16’ Ceilings, Multiple Offices, 2 Roll-Up Drive-In Doors, M1-1 Zoning, +++!!
- Neighbors Include Chase Bank, Audi, BMW, Jeep-Dodge-Ram, Hyundai, Mazda, Starbucks, USPS, P.C. Richard & Son, Costco, Extra Space Storage, +++!!!
- This Property Offers HUGE Upside Potential!!!
EXECUTIVE SUMMARY
Calling All Investors, Developers & End-Users!!! 7,600 Sqft. Industrial Building With M1-1 Zoning For Sale In Sunset Park!!! The Property Features Excellent Signage, Great Exposure, High 16’ Ceilings, 12 Parking Spaces, 2 Roll-Up Drive-In Doors, Offices, M1-1 Zoning, 3 Phase Power, Security System, Large Driveway, 5 Skylights, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Sunset Park 4 Blocks Off I-278 & Minutes From The Verrazzano Bridge!!! Neighbors Include Chase Bank, Audi, BMW, Jeep-Dodge-Ram, Hyundai, Mazda, Starbucks, USPS, P.C. Richard & Son, Costco, Extra Space Storage, NYU Langone, Outback Steakhouse, Dunkin’, OrangeTheory Fitness, ShopRite, Staples, Wendy’s, Pollo Campero, KFC, +++!!! The Entire Building Was Gut Renovated In 2003!!! The Property Has 39’ Of Frontage On 62nd Street!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Warehouse (Right Side, 2,800 Sqft.): $120,000 Ann. (Available)
Warehouse (Left Side, 2,400 Sqft.): $110,000 Ann. (Available)
2nd Floor Office (1,600 Sqft.): $48,000 Ann. (Available)
Pro Forma Gross Income: $278,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Insurance: $3,823 Ann.
Maintenance/ Repairs: $250 Ann.
Water & Sewer: $560 Ann.
Taxes: $34,820.48 Ann.
Total Expenses: $39,453.48 Ann.
Pro Forma Net Operating Income (NOI): $238,546.52 Ann.
Income:
Warehouse (Right Side, 2,800 Sqft.): $120,000 Ann. (Available)
Warehouse (Left Side, 2,400 Sqft.): $110,000 Ann. (Available)
2nd Floor Office (1,600 Sqft.): $48,000 Ann. (Available)
Pro Forma Gross Income: $278,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Insurance: $3,823 Ann.
Maintenance/ Repairs: $250 Ann.
Water & Sewer: $560 Ann.
Taxes: $34,820.48 Ann.
Total Expenses: $39,453.48 Ann.
Pro Forma Net Operating Income (NOI): $238,546.52 Ann.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$278,000
|
$36.58
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$278,000
|
$36.58
|
| Taxes |
$34,820
|
$4.58
|
| Operating Expenses |
$4,633
|
$0.61
|
| Total Expenses |
$39,453
|
$5.19
|
| Net Operating Income |
$238,547
|
$31.39
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $278,000 |
| Annual Per SF | $36.58 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $278,000 |
| Annual Per SF | $36.58 |
| Taxes | |
|---|---|
| Annual | $34,820 |
| Annual Per SF | $4.58 |
| Operating Expenses | |
|---|---|
| Annual | $4,633 |
| Annual Per SF | $0.61 |
| Total Expenses | |
|---|---|
| Annual | $39,453 |
| Annual Per SF | $5.19 |
| Net Operating Income | |
|---|---|
| Annual | $238,547 |
| Annual Per SF | $31.39 |
PROPERTY FACTS
| Price | $5,750,000 | Rentable Building Area | 7,600 SF |
| Price Per SF | $756.58 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1960 |
| Property Type | Industrial | Parking Ratio | 1.58/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.09 AC | ||
| Zoning | M1-1 - Industrial | ||
| Price | $5,750,000 |
| Price Per SF | $756.58 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.09 AC |
| Rentable Building Area | 7,600 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.58/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M1-1 - Industrial |
AMENITIES
- 24 Hour Access
- Controlled Access
- Security System
- Signage
- Skylights
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
- Water
- Sewer
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 2,400 SF
- Industrial
- -
- Now
- 2nd Floor
- 1,600 SF
- Office
- -
- Now
- 2nd Floor
- 800 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,800 SF | Industrial | - | Now |
| 1st Floor | 2,400 SF | Industrial | - | Now |
| 2nd Floor | 1,600 SF | Office | - | Now |
| 2nd Floor | 800 SF | Office | - | Now |
1st Floor
| Size |
| 2,800 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size |
| 2,400 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 1,600 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 800 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 21
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 2,800 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (92)
PROPERTY TAXES
| Parcel Number | 05728-0029 | Total Assessment | $297,900 |
| Land Assessment | $54,000 | Annual Taxes | $34,820 ($4.58/SF) |
| Improvements Assessment | $243,900 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
05728-0029
Land Assessment
$54,000
Improvements Assessment
$243,900
Total Assessment
$297,900
Annual Taxes
$34,820 ($4.58/SF)
Tax Year
2025
1 of 41
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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858 62nd St
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