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Property profile & analytics
FOR LEASE
Banks

20 Jay St Brooklyn, NY 11201

500,000 SF 0.95 ac lot Built 1911
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US63-3045538
Property summary
AI-generated overview

This exceptional 2,669 square foot office space at 20 Jay Street, Suite 738 in Brooklyn, New York, is now available for lease. Located in Kings County, this single-tenant unit is situated in a brand-new building on a newly constructed floor, offering modern, move-in ready accommodations. The space boasts a sleek, contemporary design with exposed ceilings and hardwood floors, reflecting the building's high-quality construction and finishes. Ideal for businesses seeking a sophisticated and functional workspace, the suite includes a wet pantry featuring an island with seating, perfect for informal meetings or employee breaks. The layout incorporates one glass-fronted private office and one glass-fronted conference room, providing ample space for both individual work and collaborative sessions. Furthermore, tenants will benefit from access to a shared, state-of-the-art tech conference room on the floor, capable of accommodating over 20 people, ideal for larger presentations or team meetings. This turnkey solution offers immediate occupancy and a prestigious address in a vibrant Brooklyn neighborhood, with the convenience of a 11201 zip code. The property is classified as an Executive Office, Creative Office, and Traditional Office, making it suitable for a wide range of business types.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1911
Total area 500,000 SF
Lot 0.95 ac (41,400 SF)
Zoning code M14R8A
APN 00019-0001
UPID US63-3045538
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
  • Mixtape Club Film Production Television Studio
  • 1stAveMachine Film Production Television Studio
  • Lighting Workshop Interior Design
  • MADEO Marketing & Advertising Advertising Agency
  • Radish Lab Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.18M
Owner & transaction history
Daniel J. Edelman Holdings, INC · 4 yrs held
Daniel J. Edelman Holdings, INC
since 2022
7 recorded transactions
2022
Price N/A
2016
Price N/A
2012
Price N/A
2010
Price N/A
2010
$5.7M
2009
Price N/A
2004
Price N/A
Zoning & alternative use
M14R8A · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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