This is a rare investment opportunity for savvy investors looking to expand their industrial real estate portfolio. Two adjacent industrial buildings located at 747 Belmont Ave and 511 Belmont Ave (Linwood Street) in the East New York neighborhood of Brooklyn are now available for sale. Both properties are vacant, offering a unique opportunity for an owner-user or investor to customize the spaces to suit their specific needs. The combined lot size of 58 x 100 offers ample space for industrial use and potential for expansion. Zoned as R5, these properties come with an F1 industrial classification, making them ideal for light manufacturing or warehousing. What's more, the potential to build a 10-unit apartment building on this lot makes this an even more attractive investment opportunity. Please note that exploring the possibility of building a 10-unit apartment building on this lot would require consulting with a licensed architect to ensure compliance with all relevant regulations and guidelines. Situated in an area with easy access to major transportation options and surrounded by other warehouses and industrial facilities, these properties are a logistical dream for any business. The area's recent growth in residential development across the street provides an added layer of investment potential. However, consulting with a licensed architect would be necessary to explore this possibility fully. A survey is available upon request. Take advantage of this incredible opportunity to own two industrial buildings with significant potential for expansion and high-capacity usage. Contact us today to schedule a showing and discover the possibilities that await!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
