Brooklyn Industrial for Lease - North Brooklyn
Prime Williamsburg’s one-story warehouse is located at 441 Keap Street and 129 Hope Street, two lots/two structures. The corner building at 441 Keap Street is 1,169 square feet, and 121 Hope Street is 2,793 square feet. The warehouse has over 120’ of wraparound frontage on both Keap Street and Hope Street and is approximately 3,900 total square feet with two large garage bays on Hope Street. $20000 per month.NNN
The property is in a shell state, so you can freely construct facilities according to your ideas.
Additionally, both sites are in the Brownfield Cleanup Program and have received a Certificate of Completion but have not yet used tangible property credits, which may be used by a future owner.
441 Keap St RETAX: $8,402.92 year (2023-2024)
129 Hope St RETAX: $19,392.76 year (2023-2024)
The site can benefit from being located in an Opportunity Zone. With hundreds of new residential units coming to market surrounding the site, there is tremendous upside in repositioning the property for office, retail, or restaurant use. The site is perfect for a gym, medical rental practice, spa, restaurant, or beer hall. The property owner and the tenant can reap the benefits of being in an Opportunity Zone.
The property is conveniently located near the Metropolitan G train and Lorimer Street L train, less than a two-minute walk away. It is also less than a 10-minute walk from the J, M, Z trains at Marcy Avenue. Additionally, the site is surrounded by lots of nearby retail and restaurants such as Starbucks, Barcade, The Regal, Forcella Pizza, Kellogg’s Diner, Sugarburg, The West Brooklyn, Brooklyn Cupcakes, Fette Sau, Le Barricou, The Commodore, and many more. East Williamsburg has experienced tremendous growth since 2010, proving extremely popular with the more affluent Brooklyn set looking for more value and an easy commute to other Brooklyn neighborhoods and Manhattan.
