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    Ground Floor Retail/ Office On Prospect Street-101 Brooklyn, NY 11201

    For Lease
    $50 SF/Yr

    Prime Dumbo retail/office, 2,099 sq ft.

    Lot size:
    2,099 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional ground floor retail and office space, located on Prospect Street in the vibrant Dumbo neighborhood of Brooklyn, New York, offers 2,099 square feet of versatile commercial space. Ideal for a single tenant, this traditional office space presents a unique opportunity in a highly sought-after location. The property is available immediately with a negotiable lease term and a monthly rent of $8,800, translating to $50 per square foot. The space is offered in as-is condition. The building's exact ceiling height and frontage are not specified, and further details regarding taxes and utilities are available upon request. Situated in Kings County (zip code 11201), this property benefits from its prime location in Dumbo, known for its thriving business community and high foot traffic. While the precise dimensions are approximate, potential tenants are encouraged to conduct their own due diligence to verify measurements. All information provided is subject to verification and is presented without guarantee. Interested parties should be prepared to provide detailed information regarding their business and financial capacity.

    Property Features for 0 Ground Floor Retail/ Office On Prospect Street-101

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,099 SF

    Unit(s) available at that property

    Space
    Size
    2,099 SF
    Rate per SF
    $50

    HighLights

    • 2,099 SF ground floor retail/office space in Dumbo, Brooklyn.
    • Located on Prospect Street in a prime Dumbo location.
    • Available immediately with a negotiable lease term and $8,800/month rent ($50/SF).
    • Offered as‑is.
    • Situated in Kings County, zip code 11201.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9873638
    Latitude
    40.7008018

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Dumbo retail/office, 2,099 sq ft.
    Where is this office property / space located?
    The property is located at Ground Floor Retail/ Office On Prospect Street-101 Brooklyn, NY.
    What is the lease rate?
    The lease rate is $50 SF/Yr.
    What are key features of this property?
    This property features: 2,099 SF ground floor retail/office space in Dumbo, Brooklyn.; Located on Prospect Street in a prime Dumbo location.; Available immediately with a negotiable lease term and $8,800/month rent ($50/SF).
    Request Owner's contact information
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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
    Ground Floor Retail/ Office On Prospect Street-101 Brooklyn, NY 11201
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