117 Grattan St Brooklyn, NY 11237
- Office buildings
- 125,400 SF
- 0.46 lot acres
Current Use by Public Records
- Rick's Picks / Manufacturer / Food Manufacturer
- Bizwall Npcreate Inc / Website Designer
- Giovanna Blum / Beauty Salon
- Pyperbleu Collective Shop & Studio / Gift Shop
- Structural Color Gallery, LLC / Art Gallery
Property Details for 117 Grattan St
- Year built
- 1931
- Lot size
- 0.46 lot acres
- Property size
- 125,400 SF
- Zone code
- M1-2
- Property type
- Office buildings
- APN
- 03005-0001
- APU
- 30050001
Description
This exceptional executive office space at 117 Grattan Street in Brooklyn, New York, offers 1,350 square feet of versatile office area currently fully vacant and ready for immediate occupancy. Located in Kings County, this third-floor property features two divisible spaces, with a minimum of 450 square feet and a maximum contiguous space of 900 square feet. The building includes elevator access for convenient transport. The space is ideal for a variety of businesses, from small startups to established firms seeking a prestigious Brooklyn address. One available space is described as an art studio with a built-in sink, currently listed at $1900 per month plus a proportional share of electricity costs. The flexible layout allows for customization to suit individual business needs. The property's convenient location in the vibrant Brooklyn neighborhood (zip code 11237) provides easy access to various amenities and transportation options. This is a rare opportunity to secure a fully vacant, move-in ready executive office space in a desirable Brooklyn location. Inquire today to learn more about leasing options and pricing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $23,610,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $18,040,000
- 6.5%
- $15,690,000
- 7%
- $15,685,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $17,350,000
- Geo Method
- $14,500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $14,755,000
- Retail
- $15,520,000
- Mixed-Use
- $17,940,000
- Hospitality
- $13,445,000
- Educational
- $18,485,000
- Residential Income
- $15,790,000
- Energy
- $17,065,000
- Income-Based Land
- $13,715,000
- Food Service
- $13,920,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9283
- Latitude
- 40.7066
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
