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Investment Highlights

  • Prime East Williamsburg Location | 3,115 SF | Single Story Warehouse
  • Development Upside via Air Rights
  • Owner-User Ready with Functional Layout
  • Tax Advantage Through ICAP Abatement

Executive Summary

OWNER-USER / INVESTOR OPPORTUNITY
Positioned in the heart of East Williamsburg, one of Brooklyn’s fastest-evolving submarkets, 948 Metropolitan Ave presents a great opportunity for both owner-users and forward-looking investors to secure a foothold in a high-demand, supply-constrained corridor. This property is a single story warehouse, that is 3,115 SF in size with 16 foot ceilings. It is located on the corner of Metropolitan Ave and Catherine Street, with entrances on both streets.
WHY THIS ASSET WORKS
Owner-User Flexibility: Vacant or short-term tenancy allows immediate occupancy for warehouse, showroom, or creative use.
Functional layout with 16’ ceilings and roll-up access—ideal for logistics, storage, or hybrid workspace.
Future Upside via Air Rights : ~6,230 buildable SF creates a clear path to residential or mixed-use redevelopment.
Transit & Accessibility
Walking distance to the L Train (Graham Ave) providing direct connectivity into Manhattan in ~20 minutes.
East Williamsburg has rapidly emerged as a creative and commercial hub, driven by an influx of artists, entrepreneurs, and young professionals migrating from Williamsburg and Manhattan. The neighborhood is widely recognized for its industrial-to-creative conversion trend, vibrant street culture, and an expanding base of cafés, restaurants, and nightlife destinations. This consistent demand has translated into strong real estate fundamentals, including extremely low vacancy and increasing competition for space

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Showroom
  • Industrial Distribution
  • FlexLight Distribution
Building Class C
Lot Size 0.07 AC
Rentable Building Area 3,115 SF
No. Stories 1
Year Built/Renovated 1980/2018
Tenancy Single
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2
Zoning R6B - R6B As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations.

Amenities

  • Floor Drains

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
02917-0015
Land Assessment
$53,100
Improvements Assessment
$68,400
Total Assessment
$121,500
  • Listing ID: 40042558

  • Date on Market: 4/6/2026

  • Last Updated:

  • Address: 948 Metropolitan Ave, Brooklyn, NY 11211

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