Property profile

694 Manhattan Ave Brooklyn, NY 11222

OFF-MARKET
Specialty properties
Built 1906
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Property summary

AI-generated overview

This exceptional 2,950 square foot office space is located in a beautifully preserved 1906 limestone building on the corner of Manhattan and Norman Avenues in Greenpoint, Brooklyn. The building, a true architectural gem, underwent a complete renovation in 2022. The space boasts expansive windows, providing abundant natural light, and features impressive 15-foot ceilings. Currently configured as an open plan, this versatile space is ideal for a variety of uses, including executive offices, medical offices, creative studios, retail (second floor), yoga studios, or high-end boutiques. The building includes a passenger elevator and a shared approximately 2,900 square foot roof deck accessible from the upper two floors. A unique opportunity exists to lease the second and third floors separately (2,950 sq ft each) or together (5,900 sq ft total). The property's prime location offers easy access to the G train at Norman Avenue. Signage opportunities are available. Exclusive access to 1,450 square feet of the private rooftop deck can be negotiated. This is a truly unique property in a highly desirable neighborhood. Kings County location. The building is a single-tenant, Class B, three-story structure.

Property profile

Verified
Property type Specialty properties
Year built 1906

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store
  • Restaurant

Location

694 Manhattan Ave Brooklyn, NY 11222
Brooklyn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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