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Property profile & analytics
OFF-MARKET Estimated value $17,475,000
Office buildings

168 7th St 180 Brooklyn, NY 11215-7095

73,132 SF 0.53 ac lot Built 1910
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US63-6094475
Property summary
AI-generated overview

This exceptional Gowanus property at 168 7th Street, Brooklyn, NY 11215, offers five available spaces ideal for both traditional and creative office uses. Located in a revitalized industrial building, this space seamlessly blends modern amenities with preserved historical charm. The building boasts 14-foot ceilings, creating a spacious and inspiring work environment. The flexible floor plans accommodate a range of business needs, with individual suites ranging from 1,250 square feet to 7,500 square feet. The property's prime location places it at the heart of a vibrant and dynamic neighborhood, offering easy access to Park Slope, Downtown Brooklyn, Brooklyn Heights, Cobble Hill, Carroll Gardens, and Sunset Park. This central location within Gowanus, a burgeoning hub of innovation and creativity, provides unparalleled connectivity and accessibility. The building is classified as a Class A office or retail building, reflecting its high-quality construction and modern features. Multiple tenancy options are available, making it suitable for a variety of businesses and collaborative work environments. This is a unique opportunity to secure office space in a highly sought-after Brooklyn location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1910
Total area 73,132 SF
Lot 0.53 ac (23,229 SF)
Zoning code M2-1
APN 00996-0021
UPID US63-6094475
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
  • Alouette Inc Advertising Agency Marketing & Advertising
  • Lindsay Rae Design (Bike/Boat/Book/etc) Store Florist
  • Ibeam Brooklyn Tutoring Service
  • Spacestation Media Distribution
  • EL STUDIO Architecture Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$17.48M
Owner & transaction history
293 Church Realty LLC · 12 yrs held
293 Church Realty LLC
since 2013
7 recorded transactions
2017
Price N/A
2016
Price N/A
2013
$15.3M
2005
$7.6M
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M2-1 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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