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
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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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