- For Sale $875,000
- Property Type Industrial - Flex Space
- Property Size 1,750 SF
- Lot Size 0.04 Acre
- Cap Rate % 3.57
- Rental Income / YR $38,400.00
- NOI / YR $31,244.00
- Taxes / YR $7,156.00
- # of Floors 1
- Property Tenancy Single Tenant
- Building Class C
- Year Built 1931
- Date Updated Mar 26, 2026
Description
- Prime development site in an opportunity zone (OZ)
- On 56th Street btwn 2nd Ave / 3rd Ave in Sunset Park
- Zoned R6B with FAR 2.0 and approx. 17.5' wide x 100' deep
- Commercial tnt (Auto Shop) w/ expired lease paying $ 3,200pm
- 3,506SF buildable per PropertyShark
- 6 mins to R at 53rd and 4th Ave
- 6 mins to ADA accessible N and R trains at 59th St & 4th Ave
- 8 mins to NYC Ferry (Brooklyn Army Terminal) at 58th Street
- No violations per DOB and HPD websites
- Tax Class 4 and RET approx. $ 597pm
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Contacts
John Peter McGuire
Smith Hanten
Location
Located at 249 56th St, Brooklyn, NY 11220, this property is part of the Sunset Park neighborhood and Brooklyn market.
Contact Listing Broker
John Peter McGuire
Smith Hanten
