4,000 SF Industrial + 2,000 SF Parking/Yard | 291 Junius St
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4,000 SF Industrial + 2,000 SF Parking/Yard 291 Junius St
4,000 SF 100% Leased Retail Building Brooklyn, NY 11212 For Sale
Investment Highlights
- 4,000 SF BUILDING
- CEILING HEIGHT: 14 ft
- 2,191 SF PARKING/YARD
- IBZ BENEFITS AVAILABLE
Executive Summary
TerraCRG is proud to exclusively represent ownership in the sale of 291 Junius Street, a prime industrial property located in the East New York IBZ and Brownsville neighborhood of Brooklyn, conveniently situated between Sutter and Blake Avenue. This one-story industrial building boasts over 4,000 square feet of versatile space, featuring 13-foot clear ceiling heights and a column-free layout, making it ideal for a range of industrial uses.
Zoned M1-1, 291 Junius Street is ideal for automobile service and repair, light manufacturing, warehousing, and distribution. Additionally, the property qualifies for Industrial Business Zone (IBZ) benefits, which include valuable tax credits for businesses relocating within these designated areas. The property is home to two month-to-month tenants and will be delivered vacant.
Located just one block from the Sutter Avenue L-Train stop, this site offers excellent accessibility. The surrounding East Brooklyn area has experienced a significant surge in industrial and development transactions, with Linden Boulevard and Atlantic Avenue nearby, facilitating seamless transportation throughout the borough—from the Brooklyn Bridge to the west to the Belt Parkway near JFK Airport to the east.
Zoned M1-1, 291 Junius Street is ideal for automobile service and repair, light manufacturing, warehousing, and distribution. Additionally, the property qualifies for Industrial Business Zone (IBZ) benefits, which include valuable tax credits for businesses relocating within these designated areas. The property is home to two month-to-month tenants and will be delivered vacant.
Located just one block from the Sutter Avenue L-Train stop, this site offers excellent accessibility. The surrounding East Brooklyn area has experienced a significant surge in industrial and development transactions, with Linden Boulevard and Atlantic Avenue nearby, facilitating seamless transportation throughout the borough—from the Brooklyn Bridge to the west to the Belt Parkway near JFK Airport to the east.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
1930
Percent Leased
100%
Building Height
1 Story
Building FAR
0.65
Land Acres
0.14 AC
Zoning
M1-1 - Zoned M1-1, 291 Junius Street is ideal for automobile service and repair, light manufacturing, warehousing, and distribution.
Frontage
50 FT on Junius St
Walk Score ®
Very Walkable (84)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (76)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 03764-0020 | Improvements Assessment | $154,350 |
Land Assessment | $69,750 | Total Assessment | $224,100 |
PROPERTY TAXES
Parcel Number
03764-0020
Land Assessment
$69,750
Improvements Assessment
$154,350
Total Assessment
$224,100
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4,000 SF Industrial + 2,000 SF Parking/Yard | 291 Junius St
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