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    2938 W 16Th St Brooklyn, NY 11224

    For Lease
    Contact for pricing

    Brand new retail space with high ceilings and glass frontage.

    Property size:
    3,000 SF
    Lot size:
    1.41 Acres

    Property Features for 2938 W 16Th St

    General Information

    Size
    3,000 SF
    Lot size
    1.41 Acres

    Source: Tri State Commercial Realty Agent Shlomi Bagdadi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail Development For Rent

    This property is a brand new retail development available for rent. The space features high ceilings and glass frontage. The property size is 3,000 square feet and is located at 2938 W 16th St, Brooklyn, NY.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.983986
    Latitude
    40.577232

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    FAQs

    What type of property is this?
    Retail space - Brand new retail space with high ceilings and glass frontage.
    Where is this retail space located?
    The property is located at 2938 W 16Th St Brooklyn, NY.
    What are key features of this property?
    This property features: - Brand new development; - High ceilings; - Glass frontage
    (718) 437-6100
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    2938 W 16Th St Brooklyn, NY 11224
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    Brooklyn, NY 11224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2938 W 16Th St Brooklyn, NY 11224
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