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Property profile & analytics
OFF-MARKET Estimated value $1,290,000
Office buildings

161 Jamaica Ave Brooklyn, NY 11207-2049

7,874 SF 0.15 ac lot Built 1931
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US63-0864110
Property summary
AI-generated overview

This exceptional 9,500 square foot, two-story commercial building at 161 Jamaica Avenue in Brooklyn, NY, 11207 is available for lease. The property boasts a versatile design suitable for a variety of uses, including medical offices and community facilities, as indicated by its R4 zoning. The building features 11-foot ceilings and one loading dock, adding to its functionality. Currently, 11,050 square feet is vacant, presenting a significant opportunity for a single tenant to occupy the entire space. The building sits on a substantial 1,550-acre lot, providing ample outdoor space. This presents a build-to-suit opportunity for a tenant seeking a customized space. The property's location at 161 Jamaica Avenue offers excellent visibility and accessibility within the vibrant Brooklyn community. The property's APN is 3487-16. This is a rare opportunity to secure a large, well-located commercial building in a thriving area. The property's size and flexibility make it ideal for a variety of businesses seeking a prominent presence in Brooklyn. The substantial vacant space allows for significant customization to meet the specific needs of a new tenant. Don't miss this chance to establish your business in this prime location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1931
Total area 7,874 SF
Lot 0.15 ac (6,500 SF)
Zoning code R4
APN 03487-0016
UPID US63-0864110
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
  • Feza Yarns, Llc Big Box & Wholesale Store
  • Silverspoon Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.29M
Owner & transaction history
161 Bracha LLC · 2 yrs held
161 Bracha LLC
since 2023
Last sale
$1.3M
2 recorded transactions
2023
$1.3M
2004
Price N/A
Zoning & alternative use
R4 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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