563 Johnson Ave - Manufacturing FOR SALE


Brooklyn, NY 11237- East Williamsburg
$10,500,000 USD
516-734-1314
563 Johnson Ave, Brooklyn, NY for Sale
$10,500,000 USD
Manufacturing - FOR SALE
1/6
null | Request Cap Rate

563 Johnson Ave
Brooklyn, NY 11237
East Williamsburg


OVERVIEW

Prime Investment Opportunity**East Williamsburg/Bushwick Border** This fully occupied industrial building (19,000 SF total) offers exceptional potential for investors or owner-users. Key features include: - 3-story brick structure rebuilt in 2007 • 1st Floor: 7,000 SF, with a ceiling height of 17.6 feet • 2nd Floor: 6,000 SF, with a ceiling height of 12.3 feet • 3rd Floor: 6,000 SF, with a ceiling height of 12.6 feet - 1 loading dock, complemented by a 3,000-square-foot exterior loading/parking area - 100% occupied with quality tenants - Excellent transportation access: • 5-minute walk to L train • 20-minute drive to JFK Airport • Convenient highway access This 18-years-new building, positioned at the dynamic border of East Williamsburg and Bushwick - one of Brooklyn's fastest-growing neighborhoods - this property represents a rare opportunity to acquire a turnkey asset in an area undergoing significant transformation. The combination of strong current cash flow and future upside potential makes this a true hidden gem for discerning investors.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$553 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Bar, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

17.5 Ft

DOCKS

1

DRIVE INS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.22

LAND SF

9,580

ZONING

M3-1

APN/PARCEL ID

02988-0042

ASK ABOUT THIS PROPERTY

Ronda XuWinzone RealtyMore Info
516-734-1314

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

Ronda XuWinzone RealtyMore Info
516-734-1314

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