SAB Capital is pleased to present 471-481 20th St. in the South Slope neighborhood of Brooklyn, New York. The property contains 13,700 square of existing warehouse space over two contiguous tax lots. The site sits just one block from Prospect Expressway, and offers an attractive opportunity for both owner users and investors.
The contiguous properties are configured as two warehouses located between Prospect Park West and 8th Avenue in the South Slope neighborhood of Brooklyn, NY. The buildings contain warehouse space and are built a combined total of 13,700 SF.
The properties sit on two, M1-1 zoned lots. The properties measure a combined total 137 ft x 100 ft (Block: 00888, Lot: 0052,0050). The properties are located in the rapidly developing section of South Slope and allows for easy access to Prospect Expressway. The neighborhood, since it’s rezoning in 2005, is continuing to go through a period revitalization with numerous commercial and residential properties in construction.
471-481 20th St. offers owner users and investors the opportunity to purchase contiguous warehouse buildings in this strong commercial sub-market of South Slope. Buyers will be able to capitalize on rising industrial rents in South Slope, and take advantage of a growing supply and demand disparity in the local market.
- Prime South Slope Commercial Investment Opportunity
- Two Currently Owner-Occupied Warehouses
- Buildings Total 13,700 Square Feet
- 1 Block From Prospect Expressway
- 5 Blocks From 15th St – Prospect Park “F,G” Subway Station
|Tenant||Price||Cap Rate||Lease Type||Square Feet||Status|
|471 - 481 20th Street||$6,500,000||%||N/A||13,700||Available|