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Neptune Ave & W 15th Street Assemblage

INVESTMENT OFFERING

Neptune Ave / W 15th St Assemblage Portfolio is a 5-building portfolio located on the corner of Neptune Ave & W 15th Street in the Coney Island neighborhood of Brooklyn, NY. The subject property is built a total of 7,093 square feet (3,985 square feet of warehouse) over a 55.22 ft x 100 ft irregular lot. The parcels are M1-2 zoned (Block: 06997 Lots: 0108, 0109, 0110, 0001, 0006).

The subject property is strategically located along the Neptune Avenue retail corridor. Owner-users and investors have the opportunity to purchase a primely-located property in a section of Brooklyn where commercial rents remain strong and growing.

  • Prime Corner Mixed-Use / Industrial Assemblage in Coney Island
  • 3,985 SF of Warehouse Space Spread Across 4 Parcels
  • Approximately 15 ft Ceiling Heights | 4 Drive-In Gates
  • 3,108 SF of Mixed-Use Space | 2 Apartments Over Retail Space
  • Short Walk from the Coney Island-Stillwell Ave “D, F, N & Q” Subway Station
  • Can be Delivered Vacant

Tenant Price Cap Rate Lease Type Square Feet Status
Neptune Ave & W 15th Street Assemblage $3,650,000 % 7,093 SF Available

Jake Torre

VICE PRESIDENT | INVESTMENT SALES

Jason Grunberg

VICE PRESIDENT | INVESTMENT SALES

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