145 42nd St
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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.
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
Utilities
- Heating - Gas
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Walk Score ®
Very Walkable (81)
Transit Score ®
Rider's Paradise (92)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
Parcel Numbers | Total Assessment | £440,480 | |
Land Assessment | £87,321 | Annual Taxes | -£1 (£0.00/sf) |
Improvements Assessment | £353,159 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
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) |
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145 42nd St
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