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    81-83 Court St Brooklyn, NY 11201

    For Lease
    $40 SF/Yr ($8,333 /Mo)

    Elevatored office building in Downtown Brooklyn with flexible leasing options.

    Property size:
    2,500 SF
    Lot size:
    0.06 Acres

    Property Features for 81-83 Court St

    General Information

    Size
    2,500 SF
    Lot size
    0.06 Acres

    Source: SVN | CPEX Real Estate Agent Timothy D. King

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

    Overview

    Downtown Brooklyn Office Space Available

    Located in Downtown Brooklyn, 81 Court Street is a 6-story elevatored office building situated on the southeast corner of Court and Livingston Streets. The property is positioned along the prime retail corridor of Court Street and is a short distance from retail options on Montague Street and Fulton Street. Atlantic Avenue, MetroTech, and Barclay Center are also within walking distance. The leasing opportunity includes the 3rd and 4th floors, each offering 2,500 rentable square feet. These floors can be leased individually or combined to create a 5,000 square foot space. The floors feature ample natural light due to large surrounding windows. Each floor is equipped with two restrooms, a pantry, a mechanical room, and a janitorial closet. The tenant controls HVAC, and each floor is individually metered for electric. The building is suitable for various uses, including office, academic, medical, and other community facilities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery 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
    -73.991441
    Latitude
    40.691151

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    FAQs

    What type of property is this?
    Office space - Elevatored office building in Downtown Brooklyn with flexible leasing options.
    Where is this office space located?
    The property is located at 81-83 Court St Brooklyn, NY.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Prime Downtown Brooklyn location near Court Street retail corridor, Montague Street, and Fulton Street.; - Flexible usage: suitable for office, academic, medical, and community facilities.; - **Two floors available (2,500 RSF each) that can be leased individually or combined for 5,000 SF.**
    (718) 935-1800
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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
    81-83 Court St Brooklyn, NY 11201
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