238 Melrose St
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238 Melrose St
17,556 SF 100% Leased Office Building Brooklyn, NY 11206 $7,000,000 ($399/SF)
Investment Highlights
- Redevelopment Opportunity in Prime Bushwick
- Vacant Mixed Use Building
Executive Summary
XRE NY has been retained on an exclusive basis to arrange the sale of 238 Melrose St in Bushwick, Brooklyn. This 4 story building is built to 17,556 square feet and will be delivered vacant. The property currently consists of a ground floor laundromat, freight elevator and artist studios occupying floors 2-4.
238 Melrose Street features a 50’ x 100’ property lot line and a 45’ x 95’ building base and the R6 Zone, allows for a redevelopment opportunity to a residential building.
Survey, floor plans, environmental report and additional pictures available upon request.
238 Melrose Street features a 50’ x 100’ property lot line and a 45’ x 95’ building base and the R6 Zone, allows for a redevelopment opportunity to a residential building.
Survey, floor plans, environmental report and additional pictures available upon request.
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
17,556 SF
Building Class
C
Year Built
1983
Price
$7,000,000
Price Per SF
$399
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,389 SF
Building FAR
3.66
Lot Size
0.11 AC
Zoning
R6 - Medium density residential district
Amenities
- High Ceilings
- Natural Light
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Walk Score ®
Walker's Paradise (94)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 03164-0010 | Improvements Assessment | $819,900 |
| Land Assessment | $112,500 | Total Assessment | $932,400 |
PROPERTY TAXES
Parcel Number
03164-0010
Land Assessment
$112,500
Improvements Assessment
$819,900
Total Assessment
$932,400
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238 Melrose St
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