Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Brooklyn Warehouse and Office Space Title is generated by Realmo AI

    273 Meserole Street, Brooklyn, NY 11206

    View on Map
    Claim this Listing
    For Lease
    $14,800/Mo $28 SF/Yr (calc)

    COMMERCIAL - Brooklyn, NY

    Property size:
    6,250 SF
    Lot size:
    0.11 Acres
    Added:
    Oct 10, 2025
    Days on Market:
    215
    Last Refresh:
    May 12 at 10:06 pm

    Property Features for 273 Meserole Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    03046-0038
    Size
    6,250 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2024

    Building Details

    Year built
    1920

    We can help!

    Listing Contact
    Xiao Feng Pan CBR

    Listing agent Xiao Feng Pan CBR

    Listing office Winzone Realty Inc 8115 Queens Blvd Ste 2A, ELMHURST, NY

    Listing date Oct 10, 2025

    MLS# 923214

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 6,250 sq ft of office and warehouse space.
    • Prime location near Montrose Ave ('L') subway station.
    • 150 Feet of Frontage Along Meserole Street and Waterbury Street.
    • Located in a dense industrial area.
    • Close proximity to Bushwick and Graham Avenue Retail Corridors.
    • Triple Net NNN Lease.

    Overview

    This commercial property in Brooklyn, NY, offers a total of 6,250 square feet of office and warehouse space. Situated in a dense industrial area, the property is conveniently located near the Montrose Ave ("L") subway station. It features 150 feet of frontage along Meserole Street and Waterbury Street. The location provides proximity to the retail corridors of Bushwick and Graham Avenue. The lease is a Triple Net (NNN) Lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mr. Mushroom of NY, ... Agricultural Supply

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Similar Places Nearby

    • Pistache NYC — 630 Flushing Ave Suite 806, Brooklyn, NY 11206
    • Pistache NYC — 630 flushing ave, brooklyn, ny 11206
    • Gaddy Lane — 630 Flushing Ave 5th Floor, Brooklyn, NY 11206
    • Red Wagon — 630 Flushing Ave 5th Floor, Brooklyn, NY 11206
    • Zoe Deleu Catering — 630 Flushing Ave, Brooklyn, NY 11206

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.936113
    Latitude
    40.708962

    Nearby Similar for Lease

    • $4,500/Mo

      Brooklyn Retail Leasing Opportunity

      Prime retail spaces available in a bustling Brooklyn location.
      986 Gates Ave, Brooklyn, NY 11221
      View Details
    • $5,000/Mo

      Williamsburg Waterfront Commercial Space

      Prime Williamsburg location, ideal for restaurant or cafe concept.
      416 Kent Avenue, Williamsburg, NY 11249
      View Details
    • $6,900/Mo

      Versatile Greenwood Heights Commercial Space

      Expansive 2,700 SF commercial space in Greenwood Heights, Brooklyn.
      663 3rd Avenue, Brooklyn, NY 11232
      View Details
    • $5,000/Mo

      Brooklyn Storefront on Nostrand Avenue

      High-visibility commercial space in Bedford-Stuyvesant with excellent transit access.
      359 Nostrand Avenue, Brooklyn, NY 11216
      View Details
    • $11,000/Mo

      Renovated Office Space in Brooklyn

      2,880 sq ft office space for rent in Sheepshead Bay.
      1523 Voorhies Avenue, Brooklyn, NY 11235
      View Details
    • $16,000/Mo

      Brooklyn Office Space For Lease

      6,000 SF office space in Sunset Park, Brooklyn.
      813 63rd Street, Brooklyn, NY 11220
      View Details
    • $3,500/Mo

      Turn-Key Dental Office in Brooklyn

      Fully equipped dental office with existing business in Bay Ridge.
      14 Bay Ridge Place, Brooklyn, NY 11209
      View Details
    • $3,500/Mo

      Adaptable Brooklyn Commercial Space

      Versatile 900 SF commercial space in active Brooklyn neighborhood.
      384 Liberty Avenue, Brooklyn, NY 11207
      View Details
    • $4,500/Mo

      Brooklyn Medical Office with Parking

      Functional medical office in Bay Ridge with parking.
      364 97th Street, Brooklyn, NY 11209
      View Details
    • $4,800/Mo

      Brooklyn Retail Space For Lease

      1,000 SF retail space in a high-traffic Brooklyn location.
      9010 Avenue A, Brooklyn, NY 11236
      View Details
    • $39,000 SF/Yr

      Prime Bensonhurst Commercial Space Available

      Massive commercial space in high-traffic area, suitable for diverse uses.
      1857 86th Street, Brooklyn, NY 11214
      View Details
    • $2,950/Mo

      Brooklyn Medical Office Space Available

      Professional office space in Bay Ridge, Brooklyn with flexible layout.
      8314 4th Avenue, Brooklyn, NY 11209
      View Details

    FAQs

    What type of property is this?
    Flex space - 6,250 SF Brooklyn flex space near Montrose Ave station.
    Where is this flex space located?
    The property is located at 273 Meserole Street Brooklyn, NY.
    What is the lease rate?
    The lease rate is $14,800 /Mo.
    What are key features of this property?
    This property features: 6,250 sq ft of office and warehouse space.; Prime location near Montrose Ave ('L') subway station.; 150 Feet of Frontage Along Meserole Street and Waterbury Street.
    (718) 899-7000
    We can help!
    Listing Contact
    Xiao Feng Pan CBR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    273 Meserole Street, Brooklyn, NY 11206
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!