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    170 Marcy Ave Brooklyn, NY 11211

    For Lease
    $60 SF/Yr

    Prime Williamsburg office, 4,000 sq ft, flexible layout.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4,000-square-foot commercial space is situated in a brand-new building at 170 Marcy Avenue, Brooklyn, NY 11211. Located in the heart of Williamsburg, this single-tenant property offers unparalleled flexibility. The space is suitable for a variety of uses, including retail, traditional office, or even a creative studio. Its modern construction boasts high-end finishes, creating a sophisticated and inviting environment. The 4,000 square feet can be divided to accommodate specific business needs, offering a customizable layout to perfectly suit your operational requirements. Williamsburg's vibrant culture, thriving culinary scene, and bustling retail landscape provide an ideal backdrop for any business seeking a high-profile location. This property presents a unique opportunity to establish a presence in one of Brooklyn's most sought-after neighborhoods. The address is easily accessible, benefiting from excellent visibility and convenient transportation links. This is a rare chance to secure a first-level space in a newly constructed building within this dynamic area. The property's size and adaptability make it an attractive option for businesses of various scales and industries.

    Property Features for 170 Marcy Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF
    Rate per SF
    $60

    HighLights

    • 4,000 square foot single‑tenant space in a brand‑new Williamsburg, Brooklyn building.
    • Located at 170 Marcy Avenue, Brooklyn, NY 11211.
    • Suitable for retail, office, or creative studio use.
    • Features high‑end finishes and a customizable layout.
    • Excellent visibility and convenient transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon 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
    -73.9579098
    Latitude
    40.7087752

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    FAQs

    What type of property is this?
    Restaurant - Prime Williamsburg office, 4,000 sq ft, flexible layout.
    Where is this restaurant located?
    The property is located at 170 Marcy Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $60 SF/Yr.
    What are key features of this property?
    This property features: 4,000 square foot single-tenant space in a brand-new Williamsburg, Brooklyn building.; Located at 170 Marcy Avenue, Brooklyn, NY 11211.; Suitable for retail, office, or creative studio use.
    Request Owner's contact information
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    Brooklyn, NY 11211
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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
    170 Marcy Ave Brooklyn, NY 11211
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