69 Graham AveBrooklyn, NY 11206

Property Details for 69 Graham Ave

Year built

1931

Lot size

0.08 AC

Property size (Sq ft)

4,540 SF

Zone code

R6

Property type

Retail residential properties

APN

03096-0024

APU

30960024

Description

This exceptional 12,200 square foot commercial property at 69 Graham Avenue in Brooklyn, New York, offers a unique opportunity for businesses seeking executive office space. Located in Kings County, this retail and office building features multiple suites available for lease, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 5,500 square feet. The entire 12,200 square feet is currently vacant, providing flexibility for a single tenant or multiple occupants. The building boasts impressive 9-foot ceilings, creating a bright and spacious environment. The property's address is 69 Graham Avenue, Brooklyn, NY 11206. Its strategic location within Brooklyn offers excellent access to transportation and amenities, making it an ideal location for businesses of all sizes. The property type is classified as both retail and office, allowing for diverse occupancy options. This presents a rare chance to secure a substantial and adaptable workspace in a vibrant and desirable Brooklyn neighborhood. The flexibility in suite sizes allows for customization to meet specific business needs, ranging from smaller executive offices to larger collaborative spaces. Interested parties are encouraged to inquire about lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $930,741

  6.5%

  $859,146

  7%

  $797,778

• Comparable approach

  Method

  Valuation

  Relative Method

  $919,454

  Geo Method

  $919,454

• Alternative Use

  Use

  Valuation

  Residential

  $859,146

  Hospitality

  $786,973

  Educational

  $654,752

  Medical

  $677,270

  Retail

  $1,018,503

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.7039

Longitude

-73.943

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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