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145 42nd St

7,000 SF Industrial Building Brooklyn, NY 11232 £2,542,963 (£363/SF)

Investment Highlights

  • Great Tenant - Easily Managed Asset - Perfect 1031 Exchange
  • M3-1 : FAR (2)
  • 1 Block from Steiner Studios New 500,000 sqft Development

Executive Summary

7,000 sqft two story industrial building for sale in Sunset Park. This income producing warehouse is leased and maintained by none other than Brooklyn’s own, Table 87 Frozen Coal Oven Pizza LLC. The food manufacturer has approximately seven years left on their lease.
This investment offers a significant appreciation opportunity over the next decade. Just one block west Steiner Studios is developing a 500,000-square-foot film and television production space at the Bush Terminal, as part of the Made in New York Campus, currently being transformed into a garment manufacturing and media production hub. Just two blocks north is the Industry City complex, which houses over 500 businesses spanning 16 campus buildings. The waterfront green spaces, immersive retail, and public art installations make for a must see tourist destination. This truly is the epicenter of the New Sunset Park.
INCOME PRODUCER TODAY - BROOKLYN’S FUTURE TOMORROW.

Data Room Click Here to Access

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £2,542,963
Price Per SF £363
Sale Type Investment
Sale Conditions
1031 Exchange
  • Portfolio Sale
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Food Processing
  • Industrial Manufacturing
Building Class C
Lot Size 0.11 AC
Rentable Building Area 7,000 SF
Number of Floors 2
Year Built 1950
Tenancy Single
Clear Ceiling Height 16 ft
Level Access Doors 1
Opportunity Zone Yes

Utilities

  • Heating - Gas
Walk Score ®
Very Walkable (81)
Transit Score ®
Rider's Paradise (92)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00716-0062
  • 00716-0056
Land Assessment
£87,321
Improvements Assessment
£353,159
Total Assessment
£440,480
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024

zoning

Zoning Code M3-1,Brooklyn,(E9)
M3-1,Brooklyn,(E9)
  • Listing ID: 31509878

  • Date on Market: 15/04/2024

  • Last Updated:

  • Address: 145 42nd St, Brooklyn, NY 11232

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