Three-Room Creative
For Sale
Contact for pricing
184 Noll Street, Brooklyn, NY 11237
An open central area is paired with private rooms, a kitchenette, and a dedicated restroom.
Property Size1,000 SF
Price / SF$4
Days on Market44
Property Features for 184 Noll Street
General Information
Standard status
Active
Size
1,000 SF
Additional Details
Public Transit
Yes
Property Use
Creative Office
Amenities
Private kitchenette
Private restroom
High ceilings with exposed beams and industrial details
Listing Agency:
EVERGREEN REALTY & INVESTMENTS
Listed By:
Emma Barattini
(646) 838-1378
Source:
Gosenproperties
Added: Sep 18
Changed: Oct 28
Last Checked: Oct 28 at 3:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EVERGREEN REALTY & INVESTMENTS
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Investment Insights
Based on property information with market context.
This 1,000 SF creative space has three rooms, including a large central area and additional private rooms. High ceilings, exposed beams, and industrial detailing shape the interior. A kitchenette and private restroom are also included. The layout can support a creative office, art studio, recording or content studio, fitness or wellness activities, community programming, classes, workshops, or events; all dry uses are considered.
The property is in Bushwick, near the Morgan Avenue L train. Nearby destinations include SEY Coffee, Urban Jungle, Farm to People, House of Yes, and Maria Hernandez Park, with restaurants, cafés, nightlife, retail, studios, and creative businesses in the surrounding area.
The property is in Bushwick, near the Morgan Avenue L train. Nearby destinations include SEY Coffee, Urban Jungle, Farm to People, House of Yes, and Maria Hernandez Park, with restaurants, cafés, nightlife, retail, studios, and creative businesses in the surrounding area.
Key Highlights
- 1,000 SF of interior space
- Three‑room layout with a large central area and private rooms
- Private kitchenette and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,948
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,960
$499.0K
Cap Rate 7%
$356,400
$356.4K
Cap Rate 9%
$277,200
$277.2K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$43.2K $43.20/SF
− Vacancy
−$9.9K −$9.94/SF
EGI
$33.3K $33.26/SF
− OpEx
−$8.3K −$8.32/SF
NOI
$24.9K $24.95/SF
Area
Brooklyn, NY
Vacancy
23.00%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,960
Cap Rate 7%
$356,400
Cap Rate 9%
$277,200
Alternative Uses
Best Use
Office B
$356.4K
$311.9K – $415.8K
NOI $24,948 @ 7.0% cap · market cap 623.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$828.0K
$724.5K – $966.0K
NOI $57,960 @ 7.0% cap · market cap 1,449.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
6,725
Businesses Nearby
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Business Placement
Demographics for 11237, NY
49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Creative space - An open central area is paired with private rooms, a kitchenette, and a dedicated restroom.
Where is this creative space located?
The property is located at 184 Noll Street Brooklyn, NY.
What are key features of this property?
This property features: 1,000 SF of interior space; Three‑room layout with a large central area and private rooms; Private kitchenette and restroom
