100 Hinsdale StBrooklyn, NY 11207

  • Industrial properties
  • 28,000 SF
For Sale
$8,500,000 View listing

Property Details for 100 Hinsdale St

Year built
1930
Lot size
0.52 AC
Property size (Sq ft)
28,000 SF
Zone code
M1-4
Property type
Industrial properties
APN
03698-0023
APU
36980023

Description

This exceptional East New York industrial property at 100 Hinsdale Street offers a compelling investment opportunity. The 28,000-square-foot building, classified as Class C, features a mix of warehouse and office space, ideal for owner-users. Built in 1930 and renovated in 1999, the property boasts two units, each 10,000 square feet, easily combined for a 20,000-square-foot space. The warehouse area includes four dock-high doors, 16-foot ceilings, ample natural light from skylights, and is equipped with gas heating, 200 amps of electric service, exhaust fans, and a sprinkler system. An 8,000-square-foot office area offers dedicated administrative space with central heat and A/C. Additional features include steel shelving, a 2,500-square-foot fenced yard with a roll gate, and a comprehensive camera and alarm system. The property sits on a 22,500-square-foot lot with 225 feet of frontage on Hinsdale Street and 100 feet on Glenmore Avenue, zoned M1-4. Offered at $8,500,000 ($303.57/sq ft, $4,250,000/unit), this fee-simple ownership presents a strong return on investment. The property can be delivered vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,298,695
    Hospitality
    $4,853,576
    Educational
    $4,038,118
    Medical
    $4,176,996
    Retail
    $6,281,518

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6728
Longitude
-73.9012
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
$80,812
$303,750
$702,900
$1,006,650
-
$675,000
$1,562,000
$2,237,000

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