84 18Th StBrooklyn, NY 11232

  • Warehouses
  • 22,600 SF
For Lease
$30/SF/YR View listing

Property Details for 84 18Th St

Year built
1982
Lot size
0.52 AC
Property size (Sq ft)
22,600 SF
Zone code
M3-1
Property type
Warehouses
APN
00632-0075
APU
6320075

Description

This exceptional 22,000-square-foot industrial property at 84 18th Street in Brooklyn, New York, offers a unique opportunity for businesses seeking flexible space in a prime location. The single-story building, classified as Class C, features a minimum divisible space of 10,000 square feet, with a maximum contiguous space of 10,000 square feet currently available. The property boasts a 15-foot minimum ceiling height, providing ample vertical space for various industrial uses. Loading and unloading is facilitated by one loading dock and one drive-in door. The property sits on a 22,000-square-foot lot and is zoned M3-1, allowing for a variety of manufacturing, flex, warehouse, and distribution operations. The building is divided into three suites, with 10,000 square feet currently vacant. Its location in Kings County offers tremendous visibility from the Brooklyn-Queens Expressway (BQE) and provides fantastic accessibility to all five boroughs of New York City and New Jersey within a 30-minute drive. This high-density, high-traffic area is situated in the heart of Brooklyn's burgeoning tech hub, making it an ideal location for businesses seeking a strategic advantage. The available space includes 1,500 square feet of mezzanine office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,276,804
    Hospitality
    $3,917,530
    Educational
    $3,259,338
    Medical
    $3,371,432
    Retail
    $5,070,082

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.666
Longitude
-73.997
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$72,600
$229,050
$459,900
$688,950
-
$509,000
$1,022,000
$1,531,000

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