250 Morgan AveBrooklyn, NY 11237

Property Details for 250 Morgan Ave

Year built

1960

Lot size

0.55 AC

Property size (Sq ft)

24,000 SF

Zone code

M3-1

Property type

Warehouses

APN

02942-0012

APU

29420012

Description

This exceptional 24,000-square-foot industrial property, located at 250 Morgan Avenue in Brooklyn, NY 11237, presents a unique opportunity for warehouse, distribution, or flex-use businesses. Built in 1960, this single-tenant building sits on a 24,000-square-foot lot and features a substantial 26-foot ceiling height. The property boasts excellent access to major transportation arteries, including proximity to the LIE service road (2 miles via Flushing Avenue) and the BQE entrance ramp (1 mile via Metropolitan Avenue). Its strategic location in East Williamsburg, a hub for major warehouse operators like Amazon, FedEx, and UPS, ensures convenient access to Manhattan and other NYC boroughs. The building itself offers one loading dock and four drive-ins for efficient loading and unloading. In addition to the warehouse space, there is a 700-square-foot showroom and a 700-square-foot mezzanine office area. The property's M3-1 zoning is perfectly suited for industrial and warehouse operations. The building has a 120-foot frontage on Morgan Avenue and a cross street of Grand Avenue. Annual property taxes are $3.82 per square foot. This is a single-story building with a 2.0 building floor area ratio (FAR). The absence of elevators should be noted.

• Alternative Use

  Use

  Valuation

  Residential

  $4,541,738

  Hospitality

  $4,160,208

  Educational

  $3,461,244

  Medical

  $3,580,282

  Retail

  $5,384,158

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.7131

Longitude

-73.9343

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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