137 Frost StBrooklyn, NY 11211

For Lease
$120/SF/YR View listing
  • Retail residential properties
  • 25,513 SF

Property Details for 137 Frost St

Year built
2023
Lot size
0.18 AC
Property size (Sq ft)
25,513 SF
Zone code
M12R6
Property type
Retail residential properties
APN
02734-0035
APU
27340035

Description

This exceptional 1,000 square foot retail space at 137 Frost Street in Brooklyn, New York, presents a unique opportunity for a discerning business owner. Located in the vibrant Williamsburg neighborhood, this single-tenant property boasts a fresh, white-box interior, ready for immediate customization to suit your specific needs. The property is zoned M1-2/R6, MX-8, offering flexibility for a variety of commercial uses. The entire 1,000 square feet is currently vacant, providing a blank canvas for your vision. Situated in Kings County, with a convenient 11211 zip code, this location offers unparalleled access to a thriving community and high foot traffic. The property's address is 137 Frost Street, Brooklyn, NY. Its prime location within Williamsburg ensures high visibility and accessibility for your business. This is an ideal space for a retail establishment seeking a modern, adaptable environment in a highly desirable area of Brooklyn. The property's size and layout are perfect for a variety of retail concepts, from boutiques to cafes. Don't miss this chance to establish your business in one of Brooklyn's most sought-after neighborhoods. Contact us today to schedule a viewing.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,230,396
    6.5%
    $4,828,058
    7%
    $4,483,196
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,166,970
    Geo Method
    $5,166,970
  • Alternative Use

    Use
    Valuation
    Residential
    $4,828,058
    Hospitality
    $4,422,474
    Educational
    $3,679,447
    Medical
    $3,805,989
    Retail
    $5,723,584
137 Frost St, Brooklyn, New York
Leaflet | © OpenStreetMap contributors

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.7182
Longitude
-73.9461
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$329,835
$360,450
$2,313,900
$2,674,350
-
$801,000
$5,142,000
$5,943,000

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