John J. Stewart & Associates of Marcus & Millichap was the exclusive sales broker for 1539-1559 Troy Avenue, a vacant 40,000 square foot warehouse located on the corner of Troy Avenue and Glenwood Road on the border of East Flatbush and Canarsie in Brooklyn, New York.  The property sits on an irregular 45,000 square foot lot, measuring 224.75 x 389 feet.  The site is zoned M1-1 (Block: 07728 Lot: 0035).  The building interior is split between 37,000 square feet of warehouse space, and 3,000 square feet of office.

The subject property offers two roll up gates, three main entrances with five additional entrances around the building and three phase power.  One of the roll up gates has a ramp that extends down two feet to ground level.  It features 30’2” clean ceiling height to the beam and 32’9” height to the ceiling.  A single row of columns runs down the middle of the building with 21 foot spacing.  The property also offers an additional 5,000 square feet of undeveloped air rights as-of-right.

1539-1559 Troy Avenue offers owner-users, investors and developers the unique opportunity to purchase a sizable and turn-key warehouse facility, strategically located in East Flatbush and to capitalize on the area’s strong and steady growth in commercial rents and property values.