733-743 Livonia Ave - Warehouse FOR SALE


Brooklyn, NY 11207- East New York
$5,500,000 USD
516-650-1123
733-743 Livonia Ave, Brooklyn, NY for Sale
$5,500,000 USD
Warehouse - FOR SALE
1/7
null | 3.66% Cap Rate

NEW


733-743 Livonia Ave
Brooklyn, NY 11207
East New York


HIGHLIGHTS

  • Two warehouse buildings plus 3,600 SF of vacant land on a 15,000 SF lot.
  • R6/C2-2 zoning with multiple FAR options for residential, commercial, and community facility uses.
  • Brick mill construction with 13.5-foot ceiling heights and four overhead drive-in gates.
  • Certificate of Occupancy for warehouse, office, parking, storage, and outdoor storage uses.
  • Located steps from the Van Siclen Avenue 3 Subway Station, providing strong transit access.
  • Current income-producing property with five tenants and documented NOI of $201,414.

OVERVIEW

11,400 SF warehouse (two buildings) on a 15,000 SF lot (150' x 100') with 3,600 SF of additional vacant land. Five tenants currently in place generating $310,829 gross income. Possible to deliver some units vacant — owner-user or repositioning opportunity. R6/C2-2 zoning with FAR 2.2 residential / FAR 2.0 commercial / FAR 4.8 community facility — significant development upside. Brick mill construction, 13.5' ceilings, four overhead drive-in gates, heavy power, gas heat. C of O for warehouse, offices, parking, storage and outdoor storage; Letter of No Objection for auto repair. Steps from the Van Siclen Avenue / Livonia Avenue 3-train station.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$482 USD /SF

CAP RATE

3.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

733-743 Livonia Avenue

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Storefront, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.4

LAND SF

17,424

ZONING

R6,Brooklyn,(F4)

APN/PARCEL ID

03810-0048,03810-0050

ASK ABOUT THIS PROPERTY

Jacques WadlerKnickerbocker Realty Group LLCMore Info
516-650-1123

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

Jacques WadlerKnickerbocker Realty Group LLCMore Info
516-650-1123

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