Marcus & Millichap has successfully sold 320 39th Street, located between 3rd and 4th Avenues in the Sunset Park section of Brooklyn, New York. The subject property is a two story industrial flex building. The building is built 24.5 feet by 75 feet and stands on a 24.5 foot by 100.17 foot M1-2 zoned lot (Block: 00708- Lot: 0013).

The property consists of a ground floor warehouse and a second floor office space for a combined 3,675 square feet. In addition, there is a rear yard measuring approximately 616 square feet, bringing the total rentable square feet approximately 4,292 square feet.

The property is currently rented out to a single tenant with a lease expiring December 31st 2016. There is a 10 percent rent increase on January 1st, 2016.

320 39th Street offers owners-users and investors the unique opportunity to purchase a turn-key industrial flex property and to capitalize on the area's strong and steady growth in commercial rents and property values.

• Steps from the "D,N" Express and "R" Local Subway Trains at 36th Street and 4th Avenue
• Turn-Key Property with Immediate Cash-Flow and Lease Expiring Dec 31st 2016
• Near Costco, Industry City, Liberty View Plaza and Sunset Park
• Walking Distance from 5th Avenue Shopping and Dining
• Strong and Steady Growth in Local Property Values
• Within Red Hook/Sunset Park Industrial Ombudsman Area (Not within IBZ)
• Property in Good Condition with No Deferred Maintenance
• M1-2 Zoning Allows for Approximately 4,908 Buildable Square Feet of Air Rights As-of-Right