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    in Dumbo Retail/Office Spc On Jay St Brooklyn, NY 11201

    • Retail properties
    For Lease
    View listing
    $46 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for in Dumbo Retail/Office Spc On Jay St

    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    This exceptional 1,500-square-foot retail and office space is ideally situated on Jay Street in the vibrant Dumbo neighborhood of Brooklyn, New York. The property offers a single-tenant occupancy in a traditional office setting, perfect for a variety of businesses. Located in Kings County, with a 11201 zip code, this ground-floor space is available for immediate possession. The monthly rent is $5,900, translating to $48 per square foot. The lease term is negotiable. The space is offered in "as is" condition

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9868
    Latitude
    40.7028

    Comparable in this City

    • Value Estimation by Request

      Ground Floor Retail/ Office Space On Jay St

      Office Properties & Spaces
      0 Ground Floor Retail/ Office Space On Jay St, Brooklyn, NY 11201
      View Details
    • Value Estimation by Request
      3,000 SF

      38 Washington St

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      32 Bridge St

      Office space • 50,000 SF
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      82 John St

      Office space • 2,700 SF
      82 John St, Brooklyn, NY 11201
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    • Value Estimation by Request
      320,000 SF

      58 Jay St

      Office space • 320,000 SF
      58 Jay St, Brooklyn, NY 11201
      View Details
    • Value Estimation by Request

      New York Ny

      Office space
      0 New York Ny, New York, NY 11201
      View Details

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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
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