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Brooklyn Properties over $10,000,000 for Sale

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Newest Brooklyn Properties over $10,000,000 for Sale

$11,500,000
1017539 MLS
Welcome to 585 Meserole Street Industrial Warehouse in East Williamsburg that does not come to market often. This freestanding warehouse totaling approximately 19,800 square feet of buildable, functional industrial space, situated in an M3-1 zone is one of the most permissive manufacturing designations in the NYC zoning framework. The property's M3-1 classification supports a broad range of heavy industrial, warehousing, logistics, and manufacturing uses, while its East Williamsburg location places it at the intersection of two of Brooklyn's most active commercial corridors. Property features 20-foot clear ceiling height and two built-in walk-in freezers — each measuring approximately 30 by 45 feet (2,700 SF combined cold storage capacity) The cold storage infrastructure alone represents a significant capital investment that would cost a tenant or buyer well into six figures to replicate, making this property a direct fit for food distribution, pharmaceutical cold chain, floral, specialty grocery, and perishable logistics operators. 585 Meserole offers a highly specified industrial platform that narrows the competitive set to near zero within the immediate submarket. Served by the J/M trains at Kosciuszko Street and the L train at Grand Street, providing direct connectivity to Manhattan and inter-borough logistics corridors. Positioned within the East Williamsburg / Bushwick industrial zone, one of Brooklyn's most active concentrations of M-zoned properties, adjacent to established warehousing, distribution, and light manufacturing operators. Very close to the Brooklyn-Queens Expressway (I-278) and the elevated Myrtle Avenue corridor, supporting truck access and regional freight movement. Updated Property Highlights: *19,800 SF freestanding industrial warehouse * 1,675 SF built-out office space — day-one operational readiness * 18,125 SF net warehouse floor (gross building SF net of office) * 20-foot clear ceiling height — above-market specification for Brooklyn warehouse stock *Two walk-in freezers | 2,700 SF combined cold storage * M3-1 zoning — maximum permitted use flexibility, no variance required * East Williamsburg location — established industrial corridor, proximate to BQE/I-278 * J/M trains at Kosciuszko Street | L train at Grand Street

585 Meserole Street, Brooklyn

$11,000,000
941680 MLS
This exceptional investment opportunity is located in the heart of Greenpoint, Brooklyn and features a fully restored Landmark Elevator building containing 12 Luxury residential apartments and 2 ground-floor retail storefronts. Originally composed of two adjoining commercial buildings, the property underwent a complete gut renovation between 2012 and 2013, transforming it into a modern, energy-efficient mixed-use development with premium finishes and strong, stable income. The residential component includes 2 duplex penthouses of approximately 1,200 square feet each, offering two bedrooms, two bathrooms, private terraces, and exclusive roof decks with NYC skyline views. In addition, there are 10 one-bedroom apartments of approximately 750 square feet each, three of which include private terraces. All residences feature modern layouts, luxury finishes, private video intercom systems, and separate electric and gas metering. The building offers an array of amenities, including an elevator, a fitness room, bicycle storage, and a laundry room equipped with a card system that generates approximately $6,000 in additional annual income. The property is secured with 24/7 indoor and outdoor video surveillance supported by off-site monitoring and utilizes high-efficiency LED lighting throughout all common areas. The building’s mechanical and energy systems are designed for maximum performance and minimal maintenance. These systems include an individual Navien condensing boilers installed in 2024 paired with a dedicated hot-water storage tank, a Mitsubishi stand-alone air-conditioning system, and a two-zone natural gas heating system with private thermostats for improved tenant control. Additional infrastructure includes a constant-pressure, variable-speed domestic water system and a newly implemented building-wide lock system that provides remote lobby access and unique owner codes for mechanical rooms and on-site key storage. Together, these modern systems significantly enhance long-term property value while reducing overall operating costs. The commercial portion consists of 2 ground-floor retail storefronts that benefit from outdoor patio space and excellent visibility along Greenpoint Avenue. These spaces are independently metered for gas, electric, and water, with long term 3% escalating leases through 2031 & 2033. The building is located on Greenpoint Avenue between Manhattan Avenue and Franklin Avenue, Prime location less than one block from the G train and close to major highways including the Long Island Expressway (I-495) and the Brooklyn-Queens Expressway (I-278). This turnkey asset represents a rare opportunity in one of Brooklyn’s most desirable and active commercial corridors. NOI $550k/year Cap Rate 5%. 100% occupied. Showings by appointment only.

114 Greenpoint Avenue, Brooklyn

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.