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    Ground Floor Retail/ Office Space On Jay St Brooklyn, NY 11201

    For Lease
    $39 SF/Yr

    Prime Dumbo office/retail, 2,200 sq ft.

    Lot size:
    2,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2,200 square foot ground floor retail/office space is ideally situated on Jay Street in the highly desirable Dumbo neighborhood of Brooklyn, Kings County. The single-tenant space offers immediate possession and is available for lease at a monthly rent of $7,300, translating to $3.32 per square foot. Lease terms are negotiable. The property is offered in as-is condition. While the ceiling height is not specified, the space is perfect for a variety of retail or office uses. The property features street frontage, though the exact amount is not provided. Utilities, taxes, and landlord improvements are not included in the lease terms and will need to be discussed separately. All dimensions are approximate; interested parties are advised to conduct their own due diligence regarding exact measurements. Please note that all information is subject to change without notice.

    Property Features for 0 Ground Floor Retail/ Office Space On Jay St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,200 SF

    Unit(s) available at that property

    Space
    Size
    2,200 SF
    Rate per SF
    $39

    HighLights

    • Ground floor retail/office space in Dumbo, Brooklyn.
    • Approximately 2,200 square feet.
    • Located on Jay Street.
    • Monthly rent: $7,300 ($3.32 per square foot).
    • Immediate possession available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9864111
    Latitude
    40.7027394

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Dumbo office/retail, 2,200 sq ft.
    Where is this office property / space located?
    The property is located at Ground Floor Retail/ Office Space On Jay St Brooklyn, NY.
    What is the lease rate?
    The lease rate is $39 SF/Yr.
    What are key features of this property?
    This property features: Ground floor retail/office space in Dumbo, Brooklyn.; Approximately 2,200 square feet.; Located on Jay Street.
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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 Space On Jay St Brooklyn, NY 11201
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