563 Johnson Avenue,Brooklyn, NY 11237
Brooklyn, NY 11237
Description
Rare opportunity to acquire a substantial industrial/commercial property in the heart of East Williamsburg, Brooklyn, one of the borough's established industrial and creative business districts. Surrounded by warehouses, wholesale businesses, manufacturing, distribution, film production, and creative industrial users, the property benefits from a strong commercial ecosystem and convenient access to the L train, approximately 5 minutes away. Built in 2009, this three-story reinforced concrete building offers approximately 18,859 SF of building area on an approximately 9,580 SF lot (approx. 95.8' x 100'), with M3-1 zoning. The property also features approximately 3,000 SF of outdoor loading/parking area, plus an elevator and interior stair access serving the building. The first floor consists of approximately 7,000 SF with an impressive 17.6-foot ceiling height, providing excellent functionality for industrial, warehouse, wholesale, or other permitted commercial uses. The second floor offers approximately 6,000 SF with 12.3-foot ceilings and a spacious outdoor terrace. The third floor provides approximately 6,000 SF with approximately 12.6-foot ceilings. All three floors are currently occupied by commercial tenants, providing in-place cash flow, while the existing lease structure may offer future opportunities for rental growth and asset repositioning. This is a compelling opportunity for investors seeking a sizable income-producing industrial asset in one of Brooklyn's established commercial and industrial neighborhoods. Property Highlights: Approx. 18,859 SF building | Approx. 9,580 SF lot | Built 2009 | Reinforced concrete construction | M3-1 zoning | Elevator | Approx. 3,000 SF loading/parking area | Three commercial tenants | Income-producing property | Approx. 5 minutes to the L train. All information, including square footage, lot dimensions, zoning, building specifications, tenancy, and permitted uses, is deemed reliable but not guaranteed and should be independently verified by the purchaser.
Details
| MLS # | 1060471 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 2009 |
| Days On Site | 25 |
| Listing Provided By | Chase Global Realty Corp | Sophia X. Yao |
Features
| SQ Feet | 18,859 |
|---|---|
| Zoning | M3-1 |
| Acreage | 0.22 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Hot Air |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Concrete Perimeter |
Utilities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 948600 |
| Tax Annual Amount | 97758.92 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11237 |
| Listing VS Median (in 11237) | |
Price: $7,000,000 low | high Med: $1,179,000 sqft: 18,859 low | high Med: 5,294 $ / sqft: $371 low | high Med: $224 On site: 25 low | high Med: 144 | |
Market Activity 11237
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11237 |
| Listing VS Median (in 11237) | |
Price: $7,000,000 low | high Med: $1,179,000 sqft: 18,859 low | high Med: 5,294 $ / sqft: $371 low | high Med: $224 On site: 25 low | high Med: 144 | |