248 Boerum StBrooklyn, NY 11206

  • Manufacturing properties
  • 4,375 SF
For Lease
$696/SF/YR View listing

Property Details for 248 Boerum St

Year built
2007
Lot size
0.05 AC
Property size (Sq ft)
4,375 SF
Zone code
M1-1
Property type
Manufacturing properties
APN
03082-0028
APU
30820028

Description

This exceptional 4,375-square-foot warehouse, located at 248 Boerum Street in Brooklyn, NY 11206, presents a unique opportunity for businesses seeking efficient and modern industrial space. Completely renovated in 2024, this single-tenant property boasts ample open space ideal for various uses, including storage, distribution, or light manufacturing. The high ceilings allow for optimal vertical storage solutions, while the 400-amp electrical service ensures sufficient power. The property includes a clean and well-maintained restroom. Ample parking is available for employees and visitors. Adding to its versatility, a 1,500-square-foot basement and a buildable second floor (1,500 sq ft) offer significant expansion potential. Security features include 24/7 surveillance, providing peace of mind for inventory protection. The property is equipped with brand new water and heating systems. This warehouse is perfectly suited for e-commerce businesses, distributors, wholesalers, light manufacturing operations, startups, and storage/logistics companies. Its competitive rental rate and immediate availability make it an attractive option for businesses seeking a prime location in Brooklyn. Kings County location offers easy access to major transportation routes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $827,921
    Hospitality
    $758,371
    Educational
    $630,956
    Medical
    $652,656
    Retail
    $981,487
248 Boerum St, Brooklyn, New York

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.7062
Longitude
-73.9377
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
$27,283
$58,950
$232,650
$291,600
-
$131,000
$517,000
$648,000

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