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    140 Schermerhorn St Brooklyn, NY 11201

    For Lease
    Contact for pricing

    Retail space at the base of a 19-story condo-hotel.

    Property size:
    2,240 SF
    Lot size:
    0.66 Acres

    Property Features for 140 Schermerhorn St

    General Information

    Size
    2,240 SF
    Lot size
    0.66 Acres

    Source: JLL | New York City Agent George Danut

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

    Overview

    Retail Space in Condo-Hotel Building

    This retail space is located at the base of a 19-story condo-hotel building, which includes 140 luxury apartments and a 196-room Hilton Hotel. The property features black iron in place for restaurant cooking exhaust. The space is situated within four blocks of major subway stations, including Court St/Borough Hall, Jay St, and Hoyt-Schermerhorn. These stations serve the 2, 3, 4, 5, A, C, F, and R lines and have a combined annual ridership of 25,978,922 passengers. Over 18,000 residential units are under development within a 1/2 mile radius of the property. The property has a size of 2,240 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    BKG Coffee Roasters ... Cafe Dr. Janice Jawon ... Dentist Black Walnut American Restaurant Hilton Brooklyn New ... Hotel

    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
    -73.987437
    Latitude
    40.689236

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    FAQs

    What type of property is this?
    Retail space - Retail space at the base of a 19-story condo-hotel.
    Where is this retail space located?
    The property is located at 140 Schermerhorn St Brooklyn, NY.
    What are key features of this property?
    This property features: - Located at the base of a 19-story condo-hotel with 140 luxury apartments and a 196-room Hilton Hotel.; - High foot traffic location near major subway stations with significant annual ridership.; - Over 18,000 residential units under development within a 1/2 mile radius.
    (212) 812-5700
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    Brooklyn, NY 11201
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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
    140 Schermerhorn St Brooklyn, NY 11201
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