402 E 83rd St - Refrigeration Cold Storage FOR SALE


Brooklyn, NY 11236- Canarsie
$9,500,000 USD
212-235-2764
402 E 83rd St, Brooklyn, NY for Sale
$9,500,000 USD
Refrigeration Cold Storage - FOR SALE
1/12
null | Request Cap Rate

402 E 83rd St
Brooklyn, NY 11236
Canarsie


HIGHLIGHTS

  • Industrial property in Brooklyn’s Canarsie area with access to major transportation and distribution routes.
  • M1-1 zoning supports a variety of industrial and commercial operations.
  • Large site configuration provides flexibility for warehousing, logistics, and business uses.
  • Location offers connectivity to the greater Brooklyn and New York City market area.
  • Property includes drive-in access designed to accommodate operational and loading needs.

OVERVIEW

SP Capital Group is pleased to present 402 E 83rd Street (AKA 8050 Chase Court), a 28,300 SF vacant commercial/industrial building situated on a 22,000 SF corner lot in the Canarsie section of Brooklyn. The property consists of approximately 21,800 SF of warehouse space plus a 6,500 SF mezzanine with office space and 2 bathrooms. The building is well suited for a food distribution, cold-storage, warehouse, or owner-user operation, featuring 6 freezer/cold-storage spaces, 7 coolers, working sprinklers, and a loading area with 20 FT ceiling heights. The property will be delivered fully vacant, allowing an incoming owner or user immediate flexibility. A major additional benefit is the existing NYCIDA PILOT through 2041, with approximately 15 years remaining and current annual PILOT/real estate taxes of approximately $77,718. Located at the corner of E 83rd Street and Chase Court, the property provides convenient access to Kings Highway and is surrounded by dense residential neighborhoods, shopping centers, and national retailers. Property Highlights: 28,300 SF Building | 22,000 SF Corner Lot | Delivered Vacant | 21,800 SF Warehouse | 6,500 SF Mezzanine | Cold Storage/Freezer Infrastructure | Loading Area | 20 FT Ceiling Height at Loading Area | NYCIDA PILOT Through 2041 | M1-1 Zoning Asking Price: $9,800,000

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$336 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Refrigeration Cold Storage

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65

LAND SF

28,300

ZONING

M1-1

APN/PARCEL ID

07918-0111

ASK ABOUT THIS PROPERTY

Roni SoleimaniSP Capital Group LLCMore Info
212-235-2764

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Roni SoleimaniSP Capital Group LLCMore Info
212-235-2764

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