Spacious Loft-Style Work/Play
For Sale
Contact for pricing
15 Denton Place, Brooklyn, NY 11215
4,000 SF loft in Brooklyn for residential/professional use.
Property Size4,400 SF
Price / SF$1,079
Days on Market919
Property Features for 15 Denton Place
General Information
Standard status
Active
Size
4,400 SF
Property subtype
Industrial
Building Details
Stories
2
Units
1
Listing Agency:
RE/MAX Real Estates Professionals
Listed By:
Billy Apter · License #New York
(347) 721-6599
Source:
Crexi
Added: Apr 17, 2024
Changed: Oct 22
Last Checked: Oct 20 at 6:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Real Estates Professionals
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,400 square foot property offers a substantial work/play opportunity. The loft-style space includes a spacious ground floor area suitable for both residential and professional use.
Key Highlights
- Massive 4000 sqft loft‑style space
- Residential/Professional work space
- Spacious ground floor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$159,720
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,194,400
$3.2M
Cap Rate 7%
$2,281,714
$2.3M
Cap Rate 9%
$1,774,667
$1.8M
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$290.4K $66.00/SF
− Vacancy
−$34.8K −$7.92/SF
EGI
$255.6K $58.08/SF
− OpEx
−$95.8K −$21.78/SF
NOI
$159.7K $36.30/SF
Area
Brooklyn, NY
Vacancy
12.00%
Lease Rate
$66.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,194,400
Cap Rate 7%
$2,281,714
Cap Rate 9%
$1,774,667
Alternative Uses
Best Use
Mixed Use
$2.28M
$2.00M – $2.66M
NOI $159,720 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$1.92M
$1.68M – $2.24M
NOI $134,327 @ 7.0% cap · market cap 2.83%
Theoretical Best
Specialty Retail
$3.64M
$3.19M – $4.25M
NOI $255,024 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
8,568
Businesses Nearby
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Business Placement
Demographics for 11215, NY
67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - 4,000 SF loft in Brooklyn for residential/professional use.
Where is this mixed-use property located?
The property is located at 15 Denton Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Massive 4000 sqft loft‑style space; Residential/Professional work space; Spacious ground floor space
