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    538 Johnson Ave Brooklyn, NY 11237

    For Lease
    $30 SF/Yr

    Modern warehouse conversion, flexible lease terms.

    Lot size:
    6,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional property at 538 Johnson Avenue in Brooklyn, New York offers a unique opportunity for businesses seeking versatile office space. Located in the vibrant East Williamsburg neighborhood, this newly converted warehouse boasts a range of sizes, from 1,216 square feet to 6,670 square feet, making it suitable for a variety of needs. The space features attractive, modern updates including level concrete flooring, upgraded electrical systems, and brand new lighting fixtures throughout. Renovated bathrooms add a touch of contemporary comfort. High ceilings and large, new windows create an airy and bright atmosphere, maximizing natural light and ventilation – a rare find in this area. The flexible lease terms are ideal for startups or growing companies requiring adaptable space to accommodate expansion. Its convenient location offers easy access to public transportation, with the Morgan and Jefferson L train stations within walking distance. The property is classified as Office and Industrial, encompassing Executive Office, Medical Office, Manufacturing, Distribution, Warehouse, and Traditional Office subtypes, catering to a diverse range of potential tenants. This Kings County location provides a compelling blend of modern amenities, convenient transit access, and flexible lease options. The multiple tenancy structure allows for diverse occupancy arrangements.

    Property Features for 538 Johnson Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,670 SF

    Unit(s) available at that property

    Space
    538 Johnson Avenue
    Size
    6,670 SF
    Rate per SF
    $34

    HighLights

    • Newly converted warehouse office space in East Williamsburg, Brooklyn, offering units ranging from 1,216 to 6,670 square feet.
    • Modern updates include level concrete floors, upgraded electrical, new lighting, and renovated bathrooms.
    • High ceilings and large windows provide abundant natural light and ventilation.
    • Flexible lease terms available, ideal for startups and growing businesses.
    • Convenient location near the Morgan and Jefferson L train stations.
    • Property classified as Office and Industrial, suitable for various uses including executive, medical, and traditional office space, as well as manufacturing, distribution, and warehouse uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Architectural Coatings Inc Powder Coating Service Mik Space Photography Studio THE PRINT HOUSE Commercial Printer Free Mind, The Studio Dance School seandshoots inc. Commercial Photographer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -73.9263445
    Latitude
    40.7085183

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    FAQs

    What type of property is this?
    Medical office - Modern warehouse conversion, flexible lease terms.
    Where is this medical office located?
    The property is located at 538 Johnson Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: Newly converted warehouse office space in East Williamsburg, Brooklyn, offering units ranging from 1,216 to 6,670 square feet.; Modern updates include level concrete floors, upgraded electrical, new lighting, and renovated bathrooms.; High ceilings and large windows provide abundant natural light and ventilation.
    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
    538 Johnson Ave Brooklyn, NY 11237
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