20 Van Dam Street
20 Van Dam Street
Temporarily Off Market
Temporarily Off Market
Description
The current owner-user has a woodworking shop and office on the first two floors while the top floor has a legal caretaker’s unit and is divided up into light-filled offices and studios.
Rents in the area...20 Van Dam Street is a fantastic and beautiful investment opportunity with additional end-user potential. The semi-detached three-story building is approximately 17,790 SF with 10.5’- 12.5’ ceilings, giant windows on three sides, and has a curb-cut / loading area that leads to the private backyard.
The current owner-user has a woodworking shop and office on the first two floors while the top floor has a legal caretaker’s unit and is divided up into light-filled offices and studios.
Rents in the area range from $30 / SF for industrial to upwards of $60 / SF for office / flex space. Along with the low taxes and carrying charges, this is a remarkable opportunity to either rent as is or add value with some moderate work on the first two floors and create significant income with a projected NOI over $500k. The building is fully sprinklered, gas-based, has a bulkhead on the well-maintained roof with panoramic views, has an existing elevator shaft, and has nearly 5,000 SF of additional air rights.
Please reach out with any questions about this rare and unique opportunity.
Listing Agents
![Nathan Horne]()
nathan.horne@compass.comP: 706.255.5657
![Justin DuPree]()
justin.dupree@compass.comP: 917.757.1348
Amenities
- Exposed Brick
- Decorative Mouldings
- Private Entrance
- High Ceilings
- Elevator
- Northern Exposure
- Southern Exposure
- Eastern Exposure
Location
Property Details for 20 Van Dam Street
| Status | Temporarily Off Market |
|---|---|
| Days on Market | 120 |
| Taxes | $3,917 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 22.0 |
| Compass Type | Mixed Use |
| MLS Type | - |
| Year Built | 1931 |
| Lot Size | 8,190 SF / 72' x 96' |
| County | Kings County |
Building
20 Van Dam St
Location
Virtual Tour
Building Information for 20 Van Dam Street
Payment Calculator
$42,092 per month
30 year fixed, 7.25% Interest
$38,175
$3,917
$0
Property History for 20 Van Dam Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 20 Van Dam Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 2 |
Rating | School | Distance |
|---|---|---|
P.S. 110 The Monitor PublicPK to 5 | ||
John Ericsson Middle School 126 Public6 to 8 | ||
A-Tech High School Public9 to 12 | ||
Citizens of the World Charter School 1 CharterK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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