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    58 Jay St Brooklyn, NY 11201

    Sponsored
    For Lease
    $29 SF/Yr

    Iconic DUMBO office, multiple suites available.

    Lot size:
    320,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10-story, Class B office building at 58-78 Jay Street in DUMBO, Kings County, offers a unique opportunity for businesses seeking prime office space in one of New York City's most desirable neighborhoods. Built in 1914, this landmark property boasts a total of 320,000 square feet and features a variety of office configurations to suit diverse needs. The building is comprised of two suites, offering flexibility for both large and small tenants. Available spaces range from 200 square feet to 1,500 square feet, catering to a wide spectrum of businesses. The building's traditional office layout is complemented by its adaptability for executive offices, coworking spaces, and even creative office setups, reflecting its versatility and appeal to a broad range of tenants. The property's location in DUMBO provides unparalleled access to various transportation options, including convenient access to the A, C, and F subway lines, as well as the ferry. Enjoy breathtaking views of the Manhattan skyline and the vibrant atmosphere of DUMBO's waterfront park, renowned art scene, and thriving culinary landscape. Elevators are available for convenient access to all floors. This is a rare opportunity to secure office space in a historic building within a dynamic and sought-after location. Inquire today to learn more about the available suites and lease terms.

    Property Features for 58 Jay St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    320,000 SF
    Class
    B
    Total Rate
    773333.33

    Building Details

    Year Built
    1914
    Stories
    10

    Unit(s) available at that property

    Space
    Unit 212
    Size
    460 SF
    Rate per SF
    $36
    Space
    Unit 425
    Size
    1,360 SF
    Rate per SF
    $36
    Space
    Unit 218
    Size
    395 SF
    Rate per SF
    $36
    Space
    Unit 206
    Size
    740 SF
    Rate per SF
    $40
    Space
    Unit 411
    Size
    1,275 SF
    Rate per SF
    $32
    Space
    Unit 512
    Size
    700 SF
    Rate per SF
    $33
    Space
    Unit 209
    Size
    200 SF
    Rate per SF
    $48
    Space
    Unit 225
    Size
    887 SF
    Rate per SF
    $59
    Space
    Unit 224
    Size
    1,230 SF
    Rate per SF
    $41
    Space
    Unit 219
    Size
    613 SF
    Rate per SF
    $39
    Space
    Unit 221
    Size
    630 SF
    Rate per SF
    $40
    Space
    Unit 222
    Size
    735 SF
    Rate per SF
    $40
    Space
    Unit 223
    Size
    640 SF
    Rate per SF
    $40
    Space
    Unit 101
    Size
    1,500 SF
    Rate per SF
    $48
    Space
    Unit 310
    Size
    820 SF
    Rate per SF
    $29
    Space
    Unit 413
    Size
    476 SF
    Rate per SF
    $38

    HighLights

    • 320,000 square foot, Class B office and retail building in DUMBO, Brooklyn.
    • Ten‑story building constructed in 1914 with elevators.
    • Multiple suites available, ranging from 200 to 1,500 square feet; 16 spaces currently available.
    • Located in the desirable DUMBO submarket of Kings County, easily accessible by various transportation methods.
    • Building features traditional office, executive office, coworking, and creative office spaces, along with retail and retail flex options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office 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
    -73.9866589
    Latitude
    40.7030795

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    FAQs

    What type of property is this?
    Office space - Iconic DUMBO office, multiple suites available.
    Where is this office space located?
    The property is located at 58 Jay St Brooklyn, NY.
    What is the lease rate?
    The lease rate is $29-$59 SF/Yr.
    What are key features of this property?
    This property features: 320,000 square foot, Class B office and retail building in DUMBO, Brooklyn.; Ten-story building constructed in 1914 with elevators.; Multiple suites available, ranging from 200 to 1,500 square feet; 16 spaces currently available.
    Request Owner's contact information
    58 Jay 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
    58 Jay St Brooklyn, NY 11201
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