238 Melrose St - Office/Residential FOR SALE


Brooklyn, NY 11206
$7,000,000 USD
646-403-4468
238 Melrose St, Brooklyn, NY for Sale
$7,000,000 USD
Office/Residential - FOR SALE
1/12
null | Request Cap Rate

238 Melrose St
Brooklyn, NY 11206


HIGHLIGHTS

  • Redevelopment Opportunity in Prime Bushwick
  • Vacant Mixed Use Building

OVERVIEW

XRE NY has been retained on an exclusive basis to arrange the sale of 238 Melrose St in Bushwick, Brooklyn. This 4 story building is built to 17,556 square feet and will be delivered vacant. The property currently consists of a ground floor laundromat, freight elevator and artist studios occupying floors 2-4. 238 Melrose Street features a 50’ x 100’ property lot line and a 45’ x 95’ building base and the R6 Zone, allows for a redevelopment opportunity to a residential building. Survey, floor plans, environmental report and additional pictures available upon request.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R6

APN/PARCEL ID

03164-0010

ASK ABOUT THIS PROPERTY

Yagnesh VangalaXRE NYMore Info
646-403-4468

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Yagnesh VangalaXRE NYMore Info
646-403-4468

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.