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21 Grattan St Brooklyn, NY 11206-3807
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Property profile & analytics

21 Grattan St Brooklyn, NY 11206-3807


  • Manufacturing properties
  • 3,750 SF
  • 0.07 lot acres
Off-Market
Property ID
US63-2925076
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
$930,000
Show details
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • New York Wood Stairs / General Contractor
  • New York Fine Wood Turning / General Contractor
  • Modern Steel Design Inc. / Factory / Production Facility

Property Details for 21 Grattan St

Year built
1931
Lot size
0.07 lot acres
Property size
3,750 SF
Zone code
M1-2
Property type
Manufacturing properties
APN
03093-0029
APU
30930029

Description

This exceptional 2,850 square foot commercial space at 21 Grattan Street, #1, offers a unique blend of industrial and retail potential. Located in the thriving Morgantown neighborhood, this single-tenant property boasts a desirable ground floor location with direct street access. The space features a generous 114 feet of depth and a 25-foot width, complemented by a convenient roll-up gate/drive-in for easy loading and unloading. High ceilings, measuring 15 feet, create an expansive and versatile interior. An additional 1,650 square feet of roof space presents a significant opportunity for a rooftop deck, adding further value and appeal. The property's strategic location places it directly across the street from a popular local bar, Pinebox, and within close proximity to a vibrant array of established businesses, including Roberta's, El Cortez, The Narrows, 983, Momo, Tutu's, Fine and Raw, Shinobi Ramen, and Syndicated Bar Theater and Kitchen. This prime location offers excellent visibility and accessibility, making it ideal for a diverse range of businesses, from retail shops and restaurants to fitness studios, art galleries, or even a bar. The property's versatility, combined with its exceptional location in a rapidly growing area, presents a rare opportunity for a discerning entrepreneur or seasoned professional seeking a unique and high-impact commercial space. The total building size is 3,750 square feet, with 3,750 square feet currently vacant. The property is classified as Industrial, Retail, and Restaurant. The building is suitable for Flex, Manufacturing, and Distribution uses.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,110,000
    6.5%
    $1,025,000
    7%
    $955,000

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9324
Latitude
40.7058
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$20,496
$51,300
$142,200
$193,500
-
$114,000
$316,000
$430,000
More about this property
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