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    778 Myrtle Ave Brooklyn, NY 11206

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    For Lease
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    3,050 SF Creative Office in Brooklyn

    Lot size:
    3,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,050-square-foot commercial space presents a unique opportunity in the vibrant Bed-Stuy neighborhood of Brooklyn, New York. Located at 778 Myrtle Avenue, this single-tenant property is situated on the ground floor of a newly constructed building. The space boasts an impressive 55 feet of frontage along Myrtle Avenue, ensuring maximum visibility and foot traffic. Large windows allow for abundant natural light, creating a bright and inviting atmosphere. The property's versatile layout makes it suitable for a variety of uses, including a fitness studio, wellness center, daycare facility, office space, art gallery, specialty retail store, or café. Its convenient location offers easy access to public transportation, with the subway just steps away. Nearby amenities include Duane Reade, FedEx, and Crown Fried Chicken, providing added convenience for both tenants and customers. This property is classified as both retail and office space, offering flexibility for potential tenants. The property is located in Kings County, New York, with a zip code of 11206. The building is a single-tenant structure, providing a unique and private environment. This is an ideal location for businesses seeking high visibility and a thriving community. The property's modern design and prime location make it a highly desirable commercial space in a rapidly developing area. This is a rare opportunity to secure a brand-new, well-positioned space in a sought-after Brooklyn neighborhood.

    Property Features for 778 Myrtle Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,050 SF

    Unit(s) available at that property

    Space
    Size
    3,050 SF

    HighLights

    • Brand new construction.
    • High‑efficiency HVAC systems.
    • Modern, open floor plans.
    • Abundant natural light.
    • Prime location with high visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office 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
    -73.951289
    Latitude
    40.694896

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    FAQs

    What type of property is this?
    Office space - 3,050 SF Creative Office in Brooklyn
    Where is this office space located?
    The property is located at 778 Myrtle Ave Brooklyn, NY.
    What are key features of this property?
    This property features: Brand new construction.; High-efficiency HVAC systems.; Modern, open floor plans.
    Request Owner's contact information
    778 Myrtle Ave 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
    778 Myrtle Ave Brooklyn, NY 11206
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