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    251 Douglass St Brooklyn, NY 11217

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    For Lease
    Contact for pricing

    Retail space with frontage near Thomas Greene Park.

    Property size:
    2,637 SF
    Lot size:
    0.06 Acres

    Property Features for 251 Douglass St

    General Information

    Size
    2,637 SF
    Lot size
    0.06 Acres

    Source: Good Space NYC Agent Roberto Rhett

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

    Overview

    Prime Retail Space Near Park

    This retail space offers 185 feet of frontage alongside Thomas Greene Park, a full block park bordered by Third Avenue, Douglass Street, Nevins Street, and Degraw Street. It is located at the base of a 260-unit development and features 40 feet of frontage alongside the new Annabelle Selldorf park on Nevins Street. The property is situated a five-minute walk from the Union Street (R) Station, which sees 2.2 million annual riders. The property size is 2,637 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    251 Douglass Apartment Building

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.985079
    Latitude
    40.680822

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    FAQs

    What type of property is this?
    Retail space - Retail space with frontage near Thomas Greene Park.
    Where is this retail space located?
    The property is located at 251 Douglass St Brooklyn, NY.
    What are key features of this property?
    This property features: - 185’ of frontage alongside Thomas Greene Park.; - 40’ of frontage alongside new Annabelle Selldorf park.; - At the base of 260-unit development.
    (718) 225-9900
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    251 Douglass St Brooklyn, NY 11217
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    Brooklyn, NY 11217
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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
    251 Douglass St Brooklyn, NY 11217
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