9 Greene AveBrooklyn, NY 11238

  • Investment properties
  • 5,040 SF
For Lease
$76/SF/YR View listing

Property Details for 9 Greene Ave

Year built
1930
Lot size
0.04 AC
Property size (Sq ft)
5,040 SF
Zone code
R6B
Property type
Investment properties
Property subtype
Live-work space
APN
02118-0045
APU
21180045

Description

This exceptional 2,000-square-foot executive office space is available for lease at 9 Greene Avenue in the vibrant Brooklyn neighborhood of New York. Located in Kings County, this single-tenant property offers a unique opportunity for businesses seeking a prestigious and functional workspace. The property is classified as both retail and office space, providing flexibility and versatility for a range of potential uses. The entire 2,000 square feet is currently vacant, allowing for complete customization to suit a tenant's specific needs and design preferences. The building's size, at 2,000 square feet, provides ample room for a variety of office configurations, from open-plan layouts to private offices and meeting rooms. The address, 9 Greene Avenue, offers excellent visibility and accessibility, making it an ideal location for businesses seeking a prominent presence in a thriving area. This property presents a rare chance to secure a substantial, move-in ready space in a highly desirable Brooklyn location. The property's classification as an executive office space suggests a high-quality build and finish, suitable for businesses seeking a sophisticated and professional environment. The single-tenant occupancy ensures privacy and control over the entire space. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers. The zip code is 11238.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $833,263
    6.5%
    $769,165
    7%
    $714,225
  • Comparable approach

    Method
    Valuation
    Relative Method
    $658,526
    Geo Method
    $658,526
  • Alternative Use

    Use
    Valuation
    Residential
    $953,765
    Hospitality
    $873,644
    Educational
    $726,861
    Medical
    $751,859
    Retail
    $1,130,673

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6861
Longitude
-73.973
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
$16,242
$209,250
$1,105,200
$1,314,450
-
$465,000
$2,456,000
$2,921,000

FAQs

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