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    117 Grattan St Brooklyn, NY 11237

    Sponsored
    For Lease
    $50 SF/Yr ($5,700 /Mo)

    1,350 SF, Flexible Suites Available

    Lot size:
    1,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional executive office space at 117 Grattan Street in Brooklyn, New York, offers 1,350 square feet of versatile office area currently fully vacant and ready for immediate occupancy. Located in Kings County, this third-floor property features two divisible spaces, with a minimum of 450 square feet and a maximum contiguous space of 900 square feet. The building includes elevator access for convenient transport. The space is ideal for a variety of businesses, from small startups to established firms seeking a prestigious Brooklyn address. One available space is described as an art studio with a built-in sink, currently listed at $1900 per month plus a proportional share of electricity costs. The flexible layout allows for customization to suit individual business needs. The property's convenient location in the vibrant Brooklyn neighborhood (zip code 11237) provides easy access to various amenities and transportation options. This is a rare opportunity to secure a fully vacant, move-in ready executive office space in a desirable Brooklyn location. Inquire today to learn more about leasing options and pricing.

    Property Features for 117 Grattan St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,350 SF
    Total Rate
    5700.38

    Unit(s) available at that property

    Space
    1st floor
    Size
    900 SF
    Rate per SF
    $73
    Space
    3rd floor
    Size
    450 SF
    Rate per SF
    $50

    HighLights

    • High‑speed elevator access.
    • Modern plumbing systems.
    • Fully vented.
    • Ready for tenant improvements (white box condition).
    Property Profile Location Intelligence

    Current Use by Public Records

    Rick's Picks Food Manufacturer Bizwall Npcreate Inc Website Designer Giovanna Blum Beauty Salon Pyperbleu Collective Shop ... Gift Shop Structural Color Gallery, ... Art Gallery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -73.9283585
    Latitude
    40.7066363

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    FAQs

    What type of property is this?
    Office Property / Space - 1,350 SF, Flexible Suites Available
    Where is this office property / space located?
    The property is located at 117 Grattan St Brooklyn, NY.
    What is the lease rate?
    The lease rate is $50-$73 SF/Yr.
    What are key features of this property?
    This property features: High-speed elevator access.; Modern plumbing systems.; Fully vented.
    Request Owner's contact information
    117 Grattan St Brooklyn, NY 11237
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    Brooklyn, NY 11237
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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
    117 Grattan St Brooklyn, NY 11237
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