Contacts
Global Asset Management
Real Estate Investment Firm
Property Details
- Property Type Mixed Use
- Property Size 27,500 SF
- Lot Size 0.23 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Building Class C
- Year Built 1920
- Date Updated Jul 25, 2024
Located in the East Williamsburg section of Brooklyn, the property consists of 7 lots adjacent to each other with 150 feet of frontage on Scholes Street and 125 feet of frontage on Meserole Street.
The property is fully leased to PAY-O-MATIC Corp. They use the property as parking and warehouse space for their business operations.
There are currently 3 separate warehouse buildings on the property. One of the buildings size is 50 x 200 sq. ft. and consists of 10,000 sq. ft. with an additional 2,500 sq. ft. of a second floor. The size of a second warehouse building on the property is 50 x 100 sq. ft. with a second floor and total of 10,000 sq. ft. The size for the third and smaller warehouse building is 25 x 100 sq. ft. with no second floor. The remaining 10,000 sq. ft. of the property is used for parking. The ceiling height is 16ft and 11ft.
It is a triple-net lease with the tenant currently paying $409,772 per year with 3% escalations every year. The lease is set to expire in November 2024 with the tenant having a 5-year option to begin in December 2024.
The property can be delivered vacant
Block & Lot Numbers: 03046-0022, 24, 26, 27, 47, 48 & 49
Lot Size: 27,500 square feet
Zoning: M1-1
Commercial FAR: 1.00 – 27,500 buildable Square Feet
Facility FAR: 2.40 – 66,000 buildable square feet
Reach out to the broker for more info on lease terms and amenities
Highlights
- Located in the Williamsburg section of Brooklyn, the property consists of 7 lots adjacent to each other with 150 feet of frontage on Scholes Street and 125 feet of frontage on Meserole Street.
Attachments
Getting around
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97/100
Walk Score ®
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99/100
Transit Score ®
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91/100
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Williamsburg
- Zip Code 11206
- Market Brooklyn
Points of Interest
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Grand Street
0.24 miles
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Flushing Avenue
0.62 miles
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Lorimer Street
0.71 miles
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Hewes Street
0.80 miles
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Marcy Avenue
1.03 miles
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Dekalb Ave & Wycoff Ave - SW Corner
1.04 miles
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Dekalb Ave & Wycoff Ave - NW Corner
1.05 miles
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Dekalb Ave & Wycoff Ave - SE Corner
1.05 miles
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Dekalb Ave & Wycoff Ave - NE Corner
1.06 miles
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Stanhope St & Wycoff Ave - SW Corner
1.14 miles
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BP
0.43 miles
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Sunoco
0.57 miles
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Spirit
0.65 miles
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Exxon
0.85 miles
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Bolla
0.86 miles
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Revel
0.90 miles
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Tesla Supercharger
1.30 miles
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ChargePoint
1.59 miles
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Blink
2.86 miles
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Bus Charging Station
3.15 miles
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MMP Parking LLC
1.06 miles
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FDNY Fleet Services
1.95 miles
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MTA NYCT Emergency Response Unit
2.19 miles
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NYPD Brooklyn Tow Pound
2.24 miles
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Cielo Garage
2.32 miles
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MTP Park
2.32 miles
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Central Parking System of New York, Inc.
2.35 miles
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Private Parking Lot
2.35 miles
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LaGuardia Community College Parking Lot
2.44 miles
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Stop & Shop Parking
2.53 miles
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New York Moore Hostel
0.32 miles
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New York Loft Hostel
0.41 miles
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Hotel Bogart Street, Brooklyn
0.46 miles
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42 Hotel
0.73 miles
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Hotel Indigo
0.81 miles
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Hotel Le Jolie
0.84 miles
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The Pod
1.16 miles
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McCarren Hotel & Pool
1.22 miles
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Artel 535
1.30 miles
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Holiday Inn Express
1.31 miles
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Beyond Natural Market
0.18 miles
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Bravo Supermarket
0.27 miles
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Bravo
0.35 miles
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Foodtown
0.47 miles
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Ozzie;s Fresh Marker
0.47 miles
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C-Town
0.48 miles
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Walgreens
0.60 miles
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City Fresh Market
0.63 miles
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Brooklyn Harvest Market
0.65 miles
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Sunac Natural Foods
0.75 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Global Asset Management
Real Estate Investment Firm
