296 Wythe Ave Brooklyn, NY 11249
Property profile & analytics
296 Wythe Ave Brooklyn, NY 11249
- Retail residential properties
- 84,145 SF
- 0.37 lot acres
Property ID
US63-3274823
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.
Location Intelligence
Current Use by Public Records
- Retail residential properties
Property Details for 296 Wythe Ave
- Year built
- 2021
- Lot size
- 0.37 lot acres
- Property size
- 84,145 SF
- Zone code
- M12R6A
- Property type
- Retail residential properties
- APN
- 02378-0021
- APU
- 23780021
Description
This exceptional Kings County property at 296 Wythe Avenue in Brooklyn, NY, offers a unique opportunity for medical office tenants. The building boasts a total of 23,747 square feet, with multiple suites available for lease. The flexible space allows for units ranging from a minimum of 1,210 square feet to a maximum contiguous space of 12,263 square feet. Currently, 23,308 square feet are vacant, presenting a significant opportunity for expansion or new tenancy. The building's diverse permitted uses include medical offices, multi-family residential, street retail, restaurants, fitness centers, and big box retail, making it a versatile location. The building features a 14-foot ceiling height, providing ample space and a modern feel. Located in the vibrant Brooklyn neighborhood, with easy access to major transportation routes, this property is ideal for businesses seeking a high-visibility location with significant square footage. The property is a new development, offering modern amenities and a fresh, contemporary aesthetic. This is a multi-tenant building with only two total suites. The zip code is 11249.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $50,910,000
- 6.5%
- $46,990,000
- 7%
- $43,635,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9643
- Latitude
- 40.7162
- 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
$84,683
$719,550
$8,589,150
$9,308,700
-
$1,599,000
$19,087,000
$20,686,000
