1518 Bergen StBrooklyn, NY 11213

Property Details for 1518 Bergen St

Year built

1899

Lot size

0.02 AC

Property size (Sq ft)

3,572 SF

Zone code

R6

Property type

Investment properties

Property subtype

Live-work space

APN

01354-0111

APU

13540111

Description

This exceptional 900-square-foot creative office space at 1518 Bergen Street in Brooklyn, NY 11213, presents a unique opportunity for a single tenant. The property is classified as both retail and office, offering versatile usage options suitable for various dry uses. The open layout allows for flexible configuration to meet diverse business needs. The space boasts abundant natural light, creating a bright and inviting atmosphere. Inset lighting throughout ensures ample illumination. A convenient two-piece bathroom is included. Beyond the interior, the property offers valuable backyard access, providing additional outdoor space. Its location is highly desirable, with easy access to the A and C subway lines, ensuring convenient commuting for employees and clients. Furthermore, the property's proximity to numerous playgrounds and various conveniences enhances its appeal and provides a pleasant work environment. This single-tenant space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $590,558

  6.5%

  $545,131

  7%

  $506,193

• Comparable approach

  Method

  Valuation

  Relative Method

  $466,718

  Geo Method

  $466,718

• Alternative Use

  Use

  Valuation

  Residential

  $675,962

  Hospitality

  $619,178

  Educational

  $515,149

  Medical

  $532,865

  Retail

  $801,342

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.675

Longitude

-73.9331

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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