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    327 Douglass St Brooklyn, NY 11217

    Sponsored
    For Lease
    Contact for pricing

    Prime Brooklyn retail/office space.

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 6,000-square-foot commercial property at 327 Douglass Street in Brooklyn, NY 11217, offers a unique opportunity for businesses seeking a versatile space. Built in 1931, this Class B building features high ceilings and abundant natural light, creating an open and inviting atmosphere. Previously used as a music school, the property is ideal for retail, office, or creative uses, allowing for complete customization to suit individual business needs. The single-tenant space boasts 82 feet of street frontage, ensuring high visibility and accessibility. Tenant improvement allowances are available to facilitate a seamless transition for the new occupant. Located in a thriving Brooklyn neighborhood, this property provides excellent access to a vibrant community. Longer lease terms are negotiable. The property is currently vacant and ready for immediate occupancy. This exceptional space presents a rare chance to establish a strong presence in a desirable Brooklyn location.

    Property Features for 327 Douglass St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Class
    B

    Building Details

    Year Built
    1931

    Unit(s) available at that property

    Space
    Size
    6,000 SF

    HighLights

    • 6,000 square foot commercial space at 327 Douglass Street, Brooklyn, NY 11217.
    • Class B building, built in 1931, featuring high ceilings and abundant natural light.
    • Suitable for retail, office, or creative uses; customizable to tenant needs.
    • 82 feet of street frontage, ensuring high visibility.
    • Tenant improvement allowances available.
    • Located in a thriving Brooklyn neighborhood; vacant and ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    LMR Tires Tire Shop Funeral Home Brooklyn Funeral Home Signature DJs Dj Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery 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
    -73.982307091032
    Latitude
    40.679793129099

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    FAQs

    What type of property is this?
    Office space - Prime Brooklyn retail/office space.
    Where is this office space located?
    The property is located at 327 Douglass St Brooklyn, NY.
    What are key features of this property?
    This property features: 6,000 square foot commercial space at 327 Douglass Street, Brooklyn, NY 11217.; Class B building, built in 1931, featuring high ceilings and abundant natural light.; Suitable for retail, office, or creative uses; customizable to tenant needs.
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    327 Douglass St Brooklyn, NY 11217
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    Brooklyn, NY 11217
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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
    327 Douglass St Brooklyn, NY 11217
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