Located in the Williamsburg section of Brooklyn, the property consists of 7 lots adjacent to each other
with 150 feet of frontage on Scholes Street and 125 feet of frontage on Meserole Street.
The property is fully leased to PAY-O-MATIC Corp. They use the property as parking and warehouse
space for their business operations.
It is a triple-net lease with the tenant currently paying $397,837.00 per year. The lease is set to expire in
November 2023 with the tenant having a 5-year option to begin in December 2023.
Block & Lot Numbers: 03046-0022, 24, 26, 27, 47, 48 & 49
Lot Size: 27,500 square feet
Zoning: M1-1
Commercial FAR: 1.00 – 27,500 buildable Square Feet
Facility FAR: 2.40 – 66,000 buildable square feet
with 150 feet of frontage on Scholes Street and 125 feet of frontage on Meserole Street.
The property is fully leased to PAY-O-MATIC Corp. They use the property as parking and warehouse
space for their business operations.
It is a triple-net lease with the tenant currently paying $397,837.00 per year. The lease is set to expire in
November 2023 with the tenant having a 5-year option to begin in December 2023.
Block & Lot Numbers: 03046-0022, 24, 26, 27, 47, 48 & 49
Lot Size: 27,500 square feet
Zoning: M1-1
Commercial FAR: 1.00 – 27,500 buildable Square Feet
Facility FAR: 2.40 – 66,000 buildable square feet
Total Rooms: 2
