229-237 49th St - Medical FOR SALE


Brooklyn, NY 11220- Sunset Park
$17,500,000 USD
718-971-1675
229-237 49th St, Brooklyn, NY for Sale
$17,500,000 USD
Medical - FOR SALE
1/5
null | Request Cap Rate

229-237 49th St
Brooklyn, NY 11220
Sunset Park


HIGHLIGHTS

  • Significantly upgraded electrical service and power distribution systems installed to support advanced laboratory and technical equipment
  • Immediate access to Brooklyn-Queens Expressway, Gowanus Expressway, Brooklyn Battery Tunnel, and Verrazzano-Narrows Bridge
  • Purpose-built commercial facility with robust building infrastructure rarely found in conventional commercial buildings
  • Modern mechanical infrastructure and flexible floor plan suited for life sciences, biotechnology, medical, and R&D uses
  • Conveniently served by multiple subway lines, bus routes, and nearby freight and maritime facilities
  • Pristine building condition constructed in 2016

OVERVIEW

Vacant modern commercial facility with robust electrical infrastructure, 16-foot ceilings, and 25-space basement parking. Formerly headquarters of Empire City Laboratories, offering exceptional adaptive reuse potential for life sciences, biotechnology, medical, healthcare, R&D, advanced manufacturing, technology, and professional office uses.

FOR SALE DETAILS

PRICE

$17,500,000 USD

PRICE/SF

$523 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,017 SF

ZONING

M1-2D

APN/PARCEL ID

00772-0057

ASK ABOUT THIS PROPERTY

Jack CohenJA Cohen Advisory GroupMore Info
718-971-1675

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Jack CohenJA Cohen Advisory GroupMore Info
718-971-1675

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