425 39Th StBrooklyn, NY 11232

For Sale
$2,100,000

Prime Brooklyn location, high ceilings, tenant-occupied.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2,450 square foot industrial warehouse, located at 425 39th Street in Brooklyn, New York's desirable Sunset Park neighborhood, presents a compelling investment opportunity. The property boasts a solid brick construction, built in 2003, and sits on a 100 square foot lot (25ft x 40ft building footprint). The warehouse features impressive 16-20 foot ceilings, providing ample vertical space for various uses. Currently, the single-story building is occupied by a tenant under a five-year lease signed in 2022, generating a monthly rental income of $5,500 with a 3% annual rent increase. The M1-2 zoning allows for a wide range of commercial and manufacturing activities. The property's affordable property taxes further enhance its financial attractiveness. This is a rare chance to acquire a well-maintained, income-generating industrial property in a thriving Brooklyn location. The asking price is $2,100,000. Don't miss this opportunity to establish your business or add to your investment portfolio.

Highlights

  • $2,100,000 asking price.
  • 2,450 square foot industrial building.
  • Located at 425 39th Street, Brooklyn, NY 11232.
  • Single-story building on a 2,500 square foot lot (25' x 100').
  • 16-20 foot ceiling height.
  • M1-2 zoning.

Property Details for 425 39Th St

Property type
Other warehouses, Other industrial properties
Square Feet
2,450 SF
Stories
1
Units
1

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.652321
Longitude
-74.005215
425 39Th St, Brooklyn, New York

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425 39Th St
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