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    OFF-MARKET
    Office Spaces

    1601 Avenue U, Brooklyn, NY 11229

    8,400 SF Built 1928
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property at 1601 Avenue U in Brooklyn, NY, offers a diverse range of office spaces to suit various business needs. Located in Kings County, this two-story, Class B building, constructed in 1928, boasts a total of 8,400 square feet on a 4,200 square foot lot. The building is currently configured for multiple tenancies, providing flexibility for businesses of all sizes. Available spaces range from 200 square feet to 1,650 square feet, catering to a variety of requirements. One 850-square-foot space features a convenient kitchenette, while a larger 1,650-square-foot option includes a desirable open terrace. A smaller, 200-square-foot space offers the privacy of a private bathroom and separate entrance. Monthly rental rates vary depending on the size and features of the selected space, ranging from $2,000 to $6,500. The building's adaptable layout makes it suitable for traditional office use, medical practices, creative studios, executive suites, or co-working arrangements. This property presents a unique opportunity to establish a presence in a vibrant Brooklyn neighborhood. The zip code is 11229.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1928
    Total area 8,400 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Smokey Joint (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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