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    197-203 Berry St Brooklyn, NY 11249

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    For Sale
    $22,000,000

    52,000 SF retail and garage condominium units in Williamsburg, Brooklyn.

    Property size:
    52,000 SF
    Lot size:
    0.97 Acres

    Property Features for 197-203 Berry St

    General Information

    Size
    52,000 SF
    Lot size
    0.97 Acres

    Source: ARM Real Estate Group Agent Anand Melwani

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

    Overview

    Brooklyn Retail and Garage Condominiums

    This property features retail and garage condominium units, totaling 52,000 square feet. Located in Williamsburg, Brooklyn, the property is offered as a fee simple sale.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

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

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

    Similar Places Nearby

    Williamsburg car service, DIVISION CAR SERVICE, Rent-A-Car-By-Avis, QUALITY DELIVERY MESSENGER SERVICE NYC NEW YORK, Amazing Car Rentals

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.96113
    Latitude
    40.716442

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    FAQs

    What type of property is this?
    Parking lot & garage - 52,000 SF retail and garage condominium units in Williamsburg, Brooklyn.
    Where is this parking lot & garage located?
    The property is located at 197-203 Berry St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $22,000,000.
    What are key features of this property?
    This property features: - Prime Williamsburg, Brooklyn location; - 52,000 SF combined space; - Retail and Garage Condominium Units
    (212) 464-8815
    Request Owner's contact information
    197-203 Berry St Brooklyn, NY 11249
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    Brooklyn, NY 11249
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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
    197-203 Berry St Brooklyn, NY 11249
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