Skip to content

PROPERTY METRICS

  • Price / sq ft $426
  • Price 4350000
  • Property Type Industrial Building
  • Address 245 48th Street
  • City Brooklyn
  • State NY
  • Zip 11220
  • Buildable SF 15,000
  • SqFt 10,200

PROPERTY DETAILS

245 48th Street is a single-story industrial property located between 2nd and 3rd Avenue in the Sunset Park section of Brooklyn, NY. The subject property is built full on a 77 ft x 100 ft lot and has approved plans to develop an additional 15,000 SF on top of the existing structure. (Block: 00763 Lot: 0062). The building totals 7,700 gross square feet on the ground floor and has an additional 2,500 square feet of mezzanine offices. Currently the property is owner occupied and will be delivered vacant at the time of the sale.

245 48th Street is located four blocks away from the 45th Street “R” subway station, providing for an easy commute to Manhattan and Downtown Brooklyn. Owner-users, developers and investors have the opportunity to purchase a strategically located industrial property in the rapidly growing Sunset Park neighborhood. The purchaser can capitalize on the close proximity to public transportation and take advantage of the rising rents and sale prices in the area.

SIMILAR PROPERTIES

11 Weirfield Street

Active Listings
  • Price 1825000

VIEW DETAILS REQUEST MORE INFORMATION

75-16 Rockaway Boulevard

Retail Active Listings
  • Price / sq ft $430
  • Price $6,000,000

VIEW DETAILS REQUEST MORE INFORMATION

17-19 Spencer Street & 468 Flushing Avenue

Development / Industrial Active Listings
  • Price $9,800,000

VIEW DETAILS REQUEST MORE INFORMATION

Back