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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    193 Park Ave, Brooklyn, NY 11205

    Entity Owned 2-yr Hold
    Property ID
    US63-5807937
    Property summary
    AI-generated overview

    This exceptional 833-square-foot office space at 193 Park Avenue in Kings County presents a fantastic leasing opportunity. The property is a single-tenant traditional office building, recently renovated to a high standard. Key features include high ceilings, contributing to a bright and airy workspace. The space also offers the option of including backyard access and additional storage, providing valuable extra space for various business needs. The building's modern design and recent renovations ensure a contemporary and efficient work environment. Its strategic location offers unparalleled convenience, being just one block away from the bustling Brooklyn Navy Yard. This proximity provides easy access to a vibrant business community, diverse amenities, and excellent transportation links. Furthermore, a new office development directly across the street underscores the area's ongoing growth and investment, promising a thriving and dynamic neighborhood for years to come. The space is suitable for venting, offering flexibility for various business operations. This is an ideal opportunity for a business seeking a well-appointed, conveniently located office space in a rapidly developing area of Brooklyn. The single-tenant occupancy ensures privacy and control over the entire space. Don't miss this chance to secure a prime location in a thriving commercial hub.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US63-5807937
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Denver Property Group LLC · 2 yrs held
    Denver Property Group LLC
    since 2023
    2 recorded transactions
    2023
    $1.1M
    2019
    $1.4M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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