335-347 38Th StBrooklyn, NY 11232

Property Details for 335-347 38Th St

Property size (Sq ft)

12,742 SF

Property type

Warehouses

Property subtype

Office properties

Description

This exceptional Sunset Park, Brooklyn property offers 12,742 square feet of combined office and warehouse space, currently vacant. Located at 335-347 38th Street, this single-story building sits on a 10,040 square foot lot boasting over 100 feet of street frontage with three curb cuts and roll-down gates. The flexible M1-2 zoning (2.0 FAR/4.8 CF FAR) allows for significant development potential, up to 48,200 buildable square feet, accommodating various commercial and light manufacturing uses. The property benefits from its prime location adjacent to Industry City, a thriving business hub with over 550 businesses. Excellent accessibility is ensured by proximity to the I-278 (Gowanus Expy) and the 36th Street (D, N, Q, R, W) subway station. This presents a unique opportunity for both end-users seeking a dynamic location and developers looking to capitalize on the available air rights and build a new project in this rapidly evolving commercial area. Annual property taxes (2023/2024) are $73,892. The asking price is $6,800,000.

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6541

Longitude

-74.0066

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