523 Liberty AveBrooklyn, NY 11207

For Lease
  • Specialty properties
  • 6,378 SF

Property Details for 523 Liberty Ave

Year built
1930
Lot size
0.23 AC
Property size (Sq ft)
6,378 SF
Zone code
M14R6A
Property type
Specialty properties
APN
03962-0030
APU
39620030

Description

This exceptional Class A industrial property, located at 523 Liberty Avenue in the heart of Bushwick, Brooklyn, offers 5,000 square feet of versatile space ideal for manufacturing or warehousing. Built in 1930 and extensively renovated in 2000, this two-story building boasts a 16-foot ceiling height, providing ample room for operations. The property features two buildings on a corner lot with 50 feet of frontage, offering excellent visibility and accessibility. Access is enhanced by one drive-in door and ample parking with 25 spaces. The space is zoned M1 and is served by 400 amps of power, with electricity and gas already in place. A functional heating system is also included. Previous use as a mechanical/auto shop is noted. Interior features include a mezzanine level with three private offices, private restrooms, and a security system. This single-tenant space is ready for immediate occupancy. Located in Kings County, New York, with a zip code of 11207, this property offers a strategic location near Liberty Avenue.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,206,967
    Hospitality
    $1,105,575
    Educational
    $919,826
    Medical
    $951,460
    Retail
    $1,430,840
523 Liberty Ave, Brooklyn, New York

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6755
Longitude
-73.8904
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
$36,959
$90,000
$275,850
$365,850
-
$200,000
$613,000
$813,000

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