2 St Nicholas Ave
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2 St Nicholas Ave
9,000 SF 100% Leased Industrial Building Brooklyn, NY 11237 £5,887,432 (£654/SF)
Investment Highlights
- 2 St. Nicholas is a two story building with a lower level which is currently net leased to My Hub Studios.
- Easily accessed by the L, J, Z and M subway lines.
Executive Summary
2 St. Nicholas is a two story building with a lower level which is currently net leased to My Hub Studios who provide a wide variety of professional and custom built work spaces.
The neighborhood, once an industrial hub has undergone a renaissance in the last few years and has attracted a multitude of investors to the area as evidenced by the new residential and commercial developments. In addition, there is a thriving street art, gallery, restaurant, cafe and bar scene; Brooklyn Made, House of Yes!, Roberta’s, Sally Roots, Bunna Café and Ichiran to name a few. Easily accessed by the L, J, Z and M subway lines.
The neighborhood, once an industrial hub has undergone a renaissance in the last few years and has attracted a multitude of investors to the area as evidenced by the new residential and commercial developments. In addition, there is a thriving street art, gallery, restaurant, cafe and bar scene; Brooklyn Made, House of Yes!, Roberta’s, Sally Roots, Bunna Café and Ichiran to name a few. Easily accessed by the L, J, Z and M subway lines.
Property Facts
| Price | £5,887,432 | Rentable Building Area | 9,000 SF |
| Price Per SF | £654 | Number of Floors | 2 |
| Sale Type | Investment | Year Built | 1931 |
| Property Type | Industrial | Clear Ceiling Height | 18 ft |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 1 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.10 AC |
| Price | £5,887,432 |
| Price Per SF | £654 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.10 AC |
| Rentable Building Area | 9,000 SF |
| Number of Floors | 2 |
| Year Built | 1931 |
| Clear Ceiling Height | 18 ft |
| No. Dock-High Doors/Loading | 1 |
| Opportunity Zone |
Yes |
Amenities
- 24 Hour Access
- Bus Route
- Public Transport
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Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (89)
Bike Score ®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 03177-0020 | Improvements Assessment | £440,144 |
| Land Assessment | £79,480 | Total Assessment | £519,625 |
PROPERTY TAXES
Parcel Number
03177-0020
Land Assessment
£79,480
Improvements Assessment
£440,144
Total Assessment
£519,625
zoning
| Zoning Code | M1-1 (Light industrial with offices, hotels, and most retail uses permitted) |
| M1-1 (Light industrial with offices, hotels, and most retail uses permitted) |
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David Barreto -
Cast Iron Real Estate
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2 St Nicholas Ave
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