Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Office buildings

    117 Grattan St, Brooklyn, NY 11237

    125,400 SF 0.46 ac lot Built 1931
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US63-3942042
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1931
    Total area 125,400 SF
    Lot 0.46 ac (20,000 SF)
    Zoning code M1-2
    APN 03005-0001
    UPID US63-3942042
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Rick's Picks Food Processing Plant Factory
    • Bizwall Npcreate Inc Marketing & Advertising (Bike/Boat/Book/etc) Store
    • Giovanna Blum Hair Salon Nail Salon
    • Pyperbleu Collective Shop & Studio (Bike/Boat/Book/etc) Store
    • Structural Color Gallery, LLC Art Gallery
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $12.10M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $14.79M
    Owner & transaction history
    Porter Equities LLC · 4 yrs held
    Porter Equities LLC
    since 2022
    Last sale
    $16.5M
    5 recorded transactions
    2022
    $16.5M
    2014
    $20.8M
    2013
    1969
    1969
    Zoning & alternative use
    M1-2 · Brooklyn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message