This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

335-347 38th St
Brooklyn, NY 11232

Industrial Property For Sale

Executive Summary

RIPCO Investment Sales is proud to exclusively present for sale 335-347 38th Street – a transformative investment opportunity located at the nexus of commerce and creativity in Brooklyn’s Sunset Park neighborhood.
The property consists of two adjacent single-story commercial buildings, comprising a total of 12,742 GSF. Currently configured as offices, window showroom and warehouse, the building is occupied by a single tenant, Window-Fix, and will be delivered vacant at closing.
The 10,040 SF parcel offers over 100 feet of frontage on 38th Street with three curb cuts and roll-down gates. The flexible M1-2 zoning designation allows for up to 48,200 BSF of development potential with a variety of commercial and light manufacturing uses.
335 38th Street is in an unbeatable location right next to Industry City – a thriving hub hosting over 550 businesses, making it an attractive proposition for ambitious enterprises seeking a strong foothold in Brooklyn’s burgeoning business district. The property also benefits from unparalleled access to both vehicular and public transit routes, with the I-278 (Gowanus Expy) entrance ramp just a block away and the 36th Street D N Q R W subway station a mere two blocks away.
335 38th Street is double-sided coin of opportunity. For the savvy end-user, it offers the chance to operate a business within a dynamic and bustling environment and excellent accessibility. For the strategic developer, it presents an enticing proposition to reposition the property utilizing available air rights or construct a brand new flagship mixed-use project in a rapidly evolving commercial hub.

PROPERTY FACTS

Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.29 AC
Rentable Building Area 12,742 SF
Number of Floors 2
Year Built 1931
Tenancy Single
Level Access Doors 3
Opportunity Zone Yes

Utilities

  • Gas
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00700-0050
Land Assessment
£79,349
Improvements Assessment
£289,622
Total Assessment
£368,971

zoning

Zoning Code M1-2
M1-2
  • Listing ID: 31888667

  • Date on Market: 22/05/2024

  • Last Updated:

  • Address: 335-347 38th St, Brooklyn, NY 11232

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}