40 Park St Brooklyn, NY 11206-4541
This exceptional 3,500-square-foot creative office space is available for lease at 40 Park Street in Bushwick, Brooklyn. Located on a single floor, this stunning loft offers a flexible, open layout perfect for a variety of businesses, including offices, showrooms, or studios. The space boasts high exposed beamed ceilings and abundant natural light from windows on all four sides, creating a bright and inspiring work environment. The architectural details are striking, offering a unique and stylish setting for any creative professional company. At $32 per square foot, this represents a significant value in this highly sought-after neighborhood. Bushwick is renowned as a vibrant hub for creative businesses, offering easy access to a diverse range of restaurants, cafes, bars, and entertainment options. Its prime location in Kings County also provides convenient access to public transportation, ensuring effortless commutes for employees and clients. This is a rare opportunity to secure a remarkable space in the heart of Brooklyn's thriving creative community. The entire 3,500 square feet is currently vacant and ready for immediate occupancy.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1-1 · Brooklyn, NYBrooklyn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.