29 Wythe Ave Brooklyn, NY 11249
- Commercial real estate
- 21,000 SF
- 0.65 lot acres
Current Use by Public Records
- Ibiza Love Child / Clothing Store
- After5 Films / Media Company
Property Details for 29 Wythe Ave
- Year built
- 1925
- Lot size
- 0.65 lot acres
- Property size
- 21,000 SF
- Zone code
- M1-2
- Property type
- Commercial real estate
- APN
- 02279-0001
- APU
- 22790001
Description
This exceptional office property at 29 Wythe Avenue in Brooklyn, NY, 11249 offers a unique opportunity to lease multiple, flexible office spaces. The building features a variety of suite sizes, catering to businesses of all scales. Currently, six distinct office spaces are available for lease, ranging from 24,064 square feet to 31,693 square feet. The available spaces are located on the second, third, fourth, fifth, sixth, and seventh floors. Specific floor plans include: 30,348 square feet on the second floor
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $795,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $690,000
- 6.5%
- $810,000
- 7%
- $780,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $640,000
- Geo Method
- $790,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $725,000
- Retail
- $955,000
- Mixed-Use
- $915,000
- Hospitality
- $820,000
- Educational
- $870,000
- Residential Income
- $960,000
- Energy
- $905,000
- Income-Based Land
- $865,000
- Food Service
- $735,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9562
- Latitude
- 40.723
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA