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NewLuxury

$7,000,000

8 days on market

563 Johnson Avenue

Brooklyn, NY 11237

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· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

2009

Built

Listing narrative

Description

Rare opportunity to acquire a substantial industrial/commercial property in the heart of East Williamsburg, Brooklyn, one of the borough’s established industrial and creative business districts. Surrounded by warehouses, wholesale businesses, manufacturing, distribution, film production, and creative industrial users, the property benefits from a strong commercial ecosystem and convenient access to the L train, approximately 5 minutes away. Built in 2009, this three-story reinforced concrete building offers approximately 18,859 SF of building area on an approximately 9,580 SF lot (approx. 95.8’ x 100’), with M3-1 zoning. The property also features approximately 3,000 SF of outdoor loading/parking area, plus an elevator and interior stair access serving the building. The first floor consists of approximately 7,000 SF with an impressive 17.6-foot ceiling height, providing excellent functionality for industrial, warehouse, wholesale, or other permitted commercial uses. The second floor offers approximately 6,000 SF with 12.3-foot ceilings and a spacious outdoor terrace. The third floor provides approximately 6,000 SF with approximately 12.6-foot ceilings. All three floors are currently occupied by commercial tenants, providing in-place cash flow, while the existing lease structure may offer future opportunities for rental growth and asset repositioning. This is a compelling opportunity for investors seeking a sizable income-producing industrial asset in one of Brooklyn’s established commercial and industrial neighborhoods. Property Highlights: Approx. 18,859 SF building | Approx. 9,580 SF lot | Built 2009 | Reinforced concrete construction | M3-1 zoning | Elevator | Approx. 3,000 SF loading/parking area | Three commercial tenants | Income-producing property | Approx. 5 minutes to the L train. All information, including square footage, lot dimensions, zoning, building specifications, tenancy, and permitted uses, is deemed reliable but not guaranteed and should be independently verified by the purchaser.

Listing agent (MLS): Sophia X. Yao · Listing brokerage (MLS): Chase Global Realty Corp

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$7,000,000

Beds

Beds n/a

Type

House

Home Size

Sqft n/a

Baths

Baths n/a

Year

2009

Status

New

Days on Market

8

· 8% down, 7% APR, 30yr fixed

Verified property data

Value, tax & last recorded sale

Public records available on the full property page

Estimated home value

Not available

Automated valuation estimate, not an appraisal. Value and range come from the connected property-data provider.

Public records are available on the full property page.

No record values are inferred or fabricated.

Full MLS property history

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Courtesy of Chase Global Realty Corp