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    97 Seigel St Brooklyn, NY 11206

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    For Lease
    Contact for pricing

    Newly renovated retail space with basement near public transportation.

    Property size:
    500 SF
    Lot size:
    0.05 Acres

    Property Features for 97 Seigel St

    General Information

    Size
    500 SF
    Lot size
    0.05 Acres

    Source: Tri State Commercial Realty Agent Shlomi Bagdadi

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

    Overview

    Renovated Retail Space with Basement

    This is a newly constructed and fully renovated retail space featuring glass frontage and a large basement. The property is located within a 5-minute walk from the Lorimer Street subway station (J&M lines) and a 9-minute walk from the Broadway subway station (G line). Additionally, the property is conveniently located a 1-minute walk from the B43 Bus stop. The property offers 500 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -73.943325
    Latitude
    40.704608

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    FAQs

    What type of property is this?
    Retail space - Newly renovated retail space with basement near public transportation.
    Where is this retail space located?
    The property is located at 97 Seigel St Brooklyn, NY.
    What are key features of this property?
    This property features: - New construction property; - 5-minute walk from the Lorimer St subway station (J&M); - Fully renovated with glass frontage
    (718) 437-6100
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    97 Seigel St Brooklyn, NY 11206
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    Brooklyn, NY 11206
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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
    97 Seigel St Brooklyn, NY 11206
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