111 Lawrence StBrooklyn, NY 11201

Property Details for 111 Lawrence St

Year built

2009

Lot size

0.36 AC

Property size (Sq ft)

456,082 SF

Zone code

C64.5

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

00148-0001

APU

1480001

Description

This exceptional Downtown Brooklyn property at 111 Lawrence Street offers 8,439 square feet of versatile space, currently fully vacant and available for lease. The building is categorized as Retail, Office, and Restaurant, with a primary subtype of Medical Office, making it ideal for a variety of healthcare practices or related businesses. The property features a multi-tenant configuration with two total suites. Flexible space options are available, ranging from a minimum divisible space of 1,519 square feet to a maximum contiguous space of 6,920 square feet, catering to businesses of various sizes. Located in the thriving Downtown Brooklyn submarket of Kings County, New York, this property benefits from excellent visibility and accessibility. Its strategic location within the 11201 zip code provides convenient access to public transportation, amenities, and a dense population base. The building's diverse zoning allows for a range of uses, making it a highly attractive investment opportunity for those seeking a prominent presence in this dynamic area. This fully vacant building presents a unique chance to customize the space to perfectly suit your business needs. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $93,500,936

  6.5%

  $86,308,552

  7%

  $80,143,656

• Comparable approach

  Method

  Valuation

  Relative Method

  $92,367,096

  Geo Method

  $92,367,096

• Alternative Use

  Use

  Valuation

  Residential

  $86,308,552

  Hospitality

  $79,058,168

  Educational

  $65,775,468

  Medical

  $68,037,592

  Retail

  $102,317,400

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6927

Longitude

-73.986

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.