20 Jay StBrooklyn, NY 11201

Property Details for 20 Jay St

Year built

1911

Lot size

0.95 AC

Property size (Sq ft)

500,000 SF

Zone code

M14R8A

Property type

Banks

APN

00019-0001

APU

190001

Description

This exceptional 2,669 square foot office space at 20 Jay Street, Suite 738 in Brooklyn, New York, is now available for lease. Located in Kings County, this single-tenant unit is situated in a brand-new building on a newly constructed floor, offering modern, move-in ready accommodations. The space boasts a sleek, contemporary design with exposed ceilings and hardwood floors, reflecting the building's high-quality construction and finishes. Ideal for businesses seeking a sophisticated and functional workspace, the suite includes a wet pantry featuring an island with seating, perfect for informal meetings or employee breaks. The layout incorporates one glass-fronted private office and one glass-fronted conference room, providing ample space for both individual work and collaborative sessions. Furthermore, tenants will benefit from access to a shared, state-of-the-art tech conference room on the floor, capable of accommodating over 20 people, ideal for larger presentations or team meetings. This turnkey solution offers immediate occupancy and a prestigious address in a vibrant Brooklyn neighborhood, with the convenience of a 11201 zip code. The property is classified as an Executive Office, Creative Office, and Traditional Office, making it suitable for a wide range of business types.

• CAP approach

  CAP return

  Valuation

  6%

  $121,517,456

  6.5%

  $112,169,960

  7%

  $104,157,816

• Comparable approach

  Method

  Valuation

  Relative Method

  $164,631,600

  Geo Method

  $164,631,600

• Alternative Use

  Use

  Valuation

  Residential

  $94,619,560

  Hospitality

  $86,671,008

  Educational

  $72,109,256

  Medical

  $74,589,208

  Retail

  $112,169,960

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.7041

Longitude

-73.9871

CBSA code

35620

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].