Development Site at 39 Dobbin Street in Brooklyn
FOR SALE
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$1,995,000
39 Dobbin Street, Brooklyn, NY 11222
1,875 SF
Square Feet
$1,064
PPSF
Property Description
- Rare commercial building delivered fully vacant, allowing immediate occupancy or repositioning
- Flexible M1-1 zoning supports a wide range of uses including light industrial, creative office, showroom, production, and community facility
- Located at the intersection of Greenpoint and Williamsburg, one of Brooklyn’s most supply-constrained and experience-driven corridors
- Proximity to major demand drivers including Wythe Avenue, Brooklyn waterfront, hotels, parks, and institutional redevelopment
Property Details
Asset Type
Development Site
Year Built
1931
Zoning
M1-1
Lot Size
1,875 SF
Neighborhood
Greenpoint
Submarket
Brooklyn
ZIP
11222
Renovated
1995
Listing Type
sale
30 years
10 years
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$113,488
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$9,457
Annual Debt Service
$113,488
View on Map
Address
39 Dobbin Street
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Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · Sale
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