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    111 Lawrence St Brooklyn, NY 11201

    Sponsored
    For Lease
    Contact for pricing

    Prime medical office suites available in vibrant Brooklyn.

    Lot size:
    8,439 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Downtown Brooklyn property at 111 Lawrence Street offers 8,439 square feet of versatile space, currently fully vacant and available for lease. The building is categorized as Retail, Office, and Restaurant, with a primary subtype of Medical Office, making it ideal for a variety of healthcare practices or related businesses. The property features a multi-tenant configuration with two total suites. Flexible space options are available, ranging from a minimum divisible space of 1,519 square feet to a maximum contiguous space of 6,920 square feet, catering to businesses of various sizes. Located in the thriving Downtown Brooklyn submarket of Kings County, New York, this property benefits from excellent visibility and accessibility. Its strategic location within the 11201 zip code provides convenient access to public transportation, amenities, and a dense population base. The building's diverse zoning allows for a range of uses, making it a highly attractive investment opportunity for those seeking a prominent presence in this dynamic area. This fully vacant building presents a unique chance to customize the space to perfectly suit your business needs. Contact us today to learn more about this exceptional opportunity.

    Property Features for 111 Lawrence St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,439 SF

    Unit(s) available at that property

    Space
    Suite Ground Floor
    Size
    6,920 SF
    Space
    Suite Basement
    Size
    1,519 SF

    HighLights

    • High‑demand ground floor retail space in Downtown Brooklyn's premier residential building.
    • Excellent location, steps from Metrotech and NYU Tandon School of Engineering.
    • Highly adaptable space ideal for various retail uses, featuring high ceilings and an open floor plan.
    • Impressive 16‑foot ceilings on the ground floor.
    • 70‑foot frontage on Lawrence Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Equity Residential Apartment Building The Brooklyner Apartments Apartment Building LC Modern Consulting ... Consultant RUSSELL BROWN & SMITH Law Firm Ariel's Charlotte Fabric ... Antique Furniture Restoration Service

    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
    -73.9859911
    Latitude
    40.6928662

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    FAQs

    What type of property is this?
    Restaurant - Prime medical office suites available in vibrant Brooklyn.
    Where is this restaurant located?
    The property is located at 111 Lawrence St Brooklyn, NY.
    What are key features of this property?
    This property features: High-demand ground floor retail space in Downtown Brooklyn's premier residential building.; Excellent location, steps from Metrotech and NYU Tandon School of Engineering.; Highly adaptable space ideal for various retail uses, featuring high ceilings and an open floor plan.
    Request Owner's contact information
    111 Lawrence St Brooklyn, NY 11201
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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
    111 Lawrence St Brooklyn, NY 11201
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