236 Russell StBrooklyn, NY 11222

  • Industrial properties
  • 40,004 SF

Property Details for 236 Russell St

Year built
1931
Lot size
0.55 AC
Property size (Sq ft)
40,004 SF
Zone code
M1-1
Property type
Industrial properties
APN
02629-0001
APU
26290001

Description

This exceptional 4,500-square-foot warehouse, located at 236 Russell Street in Greenpoint, Brooklyn, NY 11222, presents a unique opportunity for businesses seeking a versatile industrial space. The property is a single-tenant building, offering complete control and flexibility. The warehouse boasts a generous 14-foot ceiling height, providing ample vertical storage capacity. Access is convenient with one drive-in door. The building is currently vacant, allowing for immediate occupancy and customization to suit specific operational needs. The property is zoned M1-1, offering a range of permitted uses. The building's "white box" condition provides a blank canvas for tenant improvements, allowing for a truly bespoke fit-out. Its location in the vibrant Greenpoint neighborhood offers easy access to major transportation arteries, facilitating efficient logistics and distribution. The property's APN is 2629-1. This is an ideal space for a variety of industrial or storage-related businesses seeking a well-located, functional, and readily available warehouse in a thriving Brooklyn neighborhood. The total square footage is 4,500 square feet, with all 4,500 square feet currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,570,322
    Hospitality
    $6,934,374
    Educational
    $5,769,318
    Medical
    $5,967,734
    Retail
    $8,974,494

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.729
Longitude
-73.9448
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
$252,056
$243,000
$2,615,850
$2,858,850
-
$540,000
$5,813,000
$6,353,000

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