Property profile

15 Division Pl Brooklyn, NY 11222

FOR SALE
Office buildings
Property ID
US63-0803619
7,500 SF 0.06 ac lot Built 1920
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A office building at 15 Division Pl in Brooklyn, NY, offers three available executive office suites ranging from 300 to 900 square feet. Located in the vibrant East Williamsburg neighborhood of Kings County, these spaces are ideal for businesses seeking a creative and dynamic work environment. Each suite boasts abundant natural light from large windows, creating an inspiring atmosphere perfect for various professional uses. The convenient inclusion of a private bathroom in each unit adds to the overall functionality and comfort. The building is strictly for office use and is not suitable for retail businesses, including but not limited to dance studios, gyms, yoga studios, tattoo studios, hair salons, beauty technicians, chiropractors, or live/work arrangements. This is due to building code restrictions. The property's central location within East Williamsburg provides easy access to various amenities and transportation options. Video tours are available upon request. These executive suites represent a unique opportunity to establish a thriving business in a sought-after Brooklyn location. Inquire today to learn more about leasing options and availability.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1920
Total area 7,500 SF
Lot 0.06 ac (2,500 SF)
Zoning code M1-1
APN 02840-0021
UPID US63-0803619

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15 Division Pl Brooklyn, NY 11222
Brooklyn metro Census 44901 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$605k

Owner & transaction history

since 2017
4 recorded transactions
2017
$1.8M
2001
$50,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M1-1 · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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
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