Map of Property

East Williamsburg Large Warehouse Plus Parking Lot

254-264 Scholes St. & 253-257 Mesirole St., Brooklyn, NY 11206

  • For Sale $13,500,000
  • Property Type Mixed Use
  • Property Size 27,500 SF
  • Lot Size 0.23 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1920
  • Date Updated Nov 14, 2023

Located in the East Williamsburg section of Brooklyn, the property consists of 7 lots adjacent to each other with 150 feet of frontage on Scholes Street and 125 feet of frontage on Meserole Street.

The property is fully leased to PAY-O-MATIC Corp. They use the property as parking and warehouse space for their business operations.

It is a triple-net lease with the tenant currently paying $409,772 per year with 3% escalations every year. The lease is set to expire in November 2024 with the tenant having a 5-year option to begin in December 2024.

There is an existing mortgage on the property of $4 Million 

Block & Lot Numbers: 03046-0022, 24, 26, 27, 47, 48 & 49

Lot Size: 27,500 square feet

Zoning: M1-1

Commercial FAR: 1.00 – 27,500 buildable Square Feet

Facility FAR: 2.40 – 66,000 buildable square feet

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Attachments

Highlights

  • Located in the Williamsburg section of Brooklyn, the property consists of 7 lots adjacent to each other with 150 feet of frontage on Scholes Street and 125 feet of frontage on Meserole Street.

Contacts

broker

Ariel Kowalsky

Global Asset Management

Real Estate Investment Firm

(212) 682-2048

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise

  • Transit Score ®

    99/100 Rider's Paradise

  • Bike Score ®

    91/100 Biker's Paradise
Powered by Walk Score ®
  • City Brooklyn, NY
  • Neighborhood Williamsburg
  • Zip Code 11206
  • Market Brooklyn

Points of Interest

  • Montrose Avenue

    0.12 miles

  • Grand Street

    0.24 miles

  • Morgan Avenue

    0.35 miles

  • Graham Avenue

    0.50 miles

  • Lorimer Street

    0.60 miles

  • Flushing Avenue

    0.62 miles

  • Broadway

    0.66 miles

  • Lorimer Street

    0.71 miles

  • Metropolitan Avenue

    0.74 miles

  • Hewes Street

    0.80 miles

  • BP

    0.43 miles

  • BP

    0.51 miles

  • Sunoco

    0.57 miles

  • BP

    0.67 miles

  • BP

    0.84 miles

  • Exxon

    0.85 miles

  • Sunoco

    0.86 miles

  • BP

    0.97 miles

  • Sunoco

    1.06 miles

  • Pure Energy

    1.11 miles

  • MMP Parking LLC

    1.06 miles

  • FDNY Fleet Services

    1.95 miles

  • NYPD Brooklyn Tow Pound

    2.24 miles

  • Cielo Garage

    2.32 miles

  • Central Parking System of New York, Inc.

    2.35 miles

  • Private Parking Lot

    2.35 miles

  • Sunny

    2.38 miles

  • LaGuardia Community College Parking Lot

    2.44 miles

  • Stop & Shop Parking

    2.53 miles

  • Park Kwik

    2.56 miles

  • New York Moore Hostel

    0.32 miles

  • New York Loft Hostel

    0.41 miles

  • Hotel Bogart Street, Brooklyn

    0.46 miles

  • Hotel Indigo

    0.81 miles

  • Broadway Hotel

    0.86 miles

  • The Pod

    1.16 miles

  • McCarren Hotel & Pool

    1.22 miles

  • The William Vale

    1.34 miles

  • Hoxton

    1.35 miles

  • The Henry Norman Hotel

    1.35 miles

  • Newtown

    0.06 miles

  • Danny's Pizzeria

    0.11 miles

  • Bushwick Pita Palace

    0.13 miles

  • Carribean Soul

    0.13 miles

  • Champs Diner

    0.14 miles

  • Arcos de Puebla

    0.15 miles

  • Dunkin'

    0.25 miles

  • Ichiran

    0.28 miles

  • Loving Hut

    0.28 miles

  • El Cortez

    0.31 miles

  • Public School 196

    0.04 miles

  • The High School of Enterprise, Business, and Technology

    0.16 miles

  • Public School 147

    0.24 miles

  • Saint John the Evangelist Lutheran School

    0.28 miles

  • Saint Johns Evangelical Lutheran School

    0.28 miles

  • Saint Nicholas Elementary School

    0.29 miles

  • Brooklyn Latin School

    0.33 miles

  • Most Holy Trinity School

    0.33 miles

  • Lyons Community School

    0.34 miles

  • Public School 18

    0.47 miles

  • Simcha Tots

    1.13 miles

  • Williamsburg Northside Preschool

    1.17 miles

  • ABC Child Center

    1.21 miles

  • Our Children The Leaders of Tomorrow

    1.21 miles

  • Friends of Crown Heights Educational Center

    1.54 miles

  • Little Lola & Tots

    1.59 miles

  • Mi Casita

    1.68 miles

  • The Learning Experience

    1.76 miles

  • Bambi Day Care Center

    1.95 miles

  • Little Einstein's Daycare

    1.98 miles

Frequently Asked Questions

What is the lease rate for East Williamsburg Large Warehouse Plus Parking Lot?

Rental asking rate at East Williamsburg Large Warehouse Plus Parking Lot is $6,750,000.00/YR.

What is the total square footage of East Williamsburg Large Warehouse Plus Parking Lot?

East Williamsburg Large Warehouse Plus Parking Lot totals 27,500 square feet.

When was this property built?

East Williamsburg Large Warehouse Plus Parking Lot was built in 1920.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Ariel Kowalsky

Global Asset Management

Real Estate Investment Firm

(212) 682-2048