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219 Bond St 1,250 SF Industrial Building Brooklyn, NY 11217 $1,935,363 CAD ($1,548.29 CAD/SF) 4.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Heavy walking and auto traffic
  • level concrete slab
  • tall ceilings and drive in door opening
  • air rights

EXECUTIVE SUMMARY

Modern 2000’s era 1250sq’ (25’x50’) warehouse/garage with steel infrastructure and tall ceilings; 15’ to the steel crossbeams. Gas/electric fired HVAC installed in 2017.  Two bathrooms in great condition, one of which is private to the small office space.  Two pedestrian entrances/egresses.  12’x12’ electric drive in door. 200amp 3 phase electric panel. New roof. Gowanus is arguably the fastest developing neighborhood in all of NYC after the 2021 rezoning which dramatically increased allowable density.  New developments are being finished in every direction and even more are in the planning phase.  Buy now with a near certain guarantee of property value shooting skyward in the years to come. Estimated total allowable square footage under M1-4/R6A zoning to be 3750sq' in a mixed use development setting. Buyer to perform their own due diligence on development potential and shall not rely on the estimated figures offer by Broker/Agent. Opportunity waits.  Call anytime for more information.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $87,154 $69.72
Other Income - -
Vacancy Loss - -
Effective Gross Income $87,154 $69.72
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $87,154
Annual Per SF $69.72
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $87,154
Annual Per SF $69.72
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS Under Contract

Price $1,935,363 CAD
Price Per SF $1,548.29 CAD
Sale Type Investment or Owner User
Cap Rate 4.50%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Daycare Centre
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Lot Size 0.03 AC
Rentable Building Area 1,250 SF
No. Stories 1
Year Built 2000
Tenancy Single
Parking Ratio 1.6/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning M1-4/R6A - Light industrial with offices, hotels, and most retail uses permitted. Residential equivalent also allowed in mixed use setting.

AMENITIES

  • Fluorescent Lighting
  • Air Conditioning

UTILITIES

  • Lighting
  • Water
  • Heating

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • None
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
None - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,250 SF
  • Industrial
  • -
  • Now

5,200/month - Full Industrial building for lease

Space Size Space Use Condition Available
1st Floor 1,250 SF Industrial - Now

1st Floor

Size
1,250 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 1,250 SF
Space Use Industrial
Condition -
Available Now

5,200/month - Full Industrial building for lease

Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (96)
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 Number
00405-0004
Land Assessment
$14,535 CAD
Improvements Assessment
$183,896 CAD
Total Assessment
$198,430 CAD
  • Listing ID: 37639272

  • Date on Market: 2024-05-15

  • Last Updated:

  • Address: 219 Bond St, Brooklyn, NY 11217

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