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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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