195 Bush StBrooklyn, NY 11231

  • Warehouses
  • 3,320 SF

Property Details for 195 Bush St

Year built
1977
Lot size
0.08 AC
Property size (Sq ft)
3,320 SF
Zone code
M1-1
Property type
Warehouses
APN
00562-0049
APU
5620049

Description

This exceptional Red Hook, Brooklyn industrial property at 195 Bush Street offers a unique blend of warehouse space and outdoor yard area. The property encompasses a total lot size of 8,733 square feet, featuring a 4,000 square foot building and a substantial 5,400 square foot paved and fenced yard. The building itself boasts 3,333 square feet of ground floor warehouse space, perfect for storage or manufacturing, complemented by a 667 square foot second-floor office area. Access is convenient with one drive-in door. The warehouse features a desirable 20-foot ceiling height, providing ample vertical space. Utilities include gas heat and heavy power. The space is column-free, maximizing usable area. The property is zoned M1-1, allowing for a variety of industrial uses. Annual property taxes are $37,000. This property presents a rare opportunity to acquire a well-maintained industrial space in a highly sought-after Brooklyn location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $628,274
    Hospitality
    $575,496
    Educational
    $478,805
    Medical
    $495,272
    Retail
    $744,808

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6739
Longitude
-74.0017
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
$24,556
$18,000
$244,800
$262,800
-
$40,000
$544,000
$584,000

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