200 Franklin StBrooklyn, NY 11222

Property Details for 200 Franklin St

Year built

1949

Lot size

0.22 AC

Property size (Sq ft)

38,982 SF

Zone code

R6B

Property type

Retail residential properties

APN

02532-0001

APU

25320001

Description

This exceptional 750-square-foot retail space is ideally situated at 200 Franklin Street in the vibrant Brooklyn, New York neighborhood. Located in Kings County, this single-tenant property offers a fantastic opportunity for a variety of businesses seeking a high-visibility location. The entire 750 square feet is currently vacant and ready for immediate occupancy, allowing for complete customization to suit your specific needs. The property's street-level access ensures high foot traffic and excellent brand exposure. Its "Street Retail" classification suggests a prime location within a bustling commercial area, promising significant potential for customer engagement and business growth. The address, 200 Franklin Street, Brooklyn, NY 11222, provides easy access for both customers and employees. This property presents a unique chance to establish a thriving business in a dynamic and sought-after Brooklyn location. The single-tenant occupancy simplifies management and allows for complete control over the space's design and functionality. With its convenient location and ample square footage, this retail space is poised for success. Serious inquiries are encouraged to explore this exciting opportunity. The property is available for lease. Geographic coordinates are 40.732258 latitude and -73.9577988 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $7,991,662

  6.5%

  $7,376,919

  7%

  $6,849,996

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,894,752

  Geo Method

  $7,894,752

• Alternative Use

  Use

  Valuation

  Residential

  $7,376,919

  Hospitality

  $6,757,218

  Educational

  $5,621,926

  Medical

  $5,815,273

  Retail

  $8,745,219

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.7323

Longitude

-73.9577

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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