467 Keap StBrooklyn, NY 11211

  • Retail residential properties
  • 77,664 SF
For Lease
$26/SF/YR View listing

Property Details for 467 Keap St

Year built
2009
Lot size
0.39 AC
Property size (Sq ft)
77,664 SF
Zone code
M12R6
Property type
Retail residential properties
APN
02371-0042
APU
23710042

Description

This exceptional 8,306 square foot commercial space at 467 Keap Street in Williamsburg, Brooklyn, offers a unique opportunity for businesses seeking a vibrant and accessible location. Built in 2009, this two-level property boasts 125 feet of street frontage, providing excellent visibility and exposure on Keap Street (40 feet) and Ainslie Street (85 feet). The space is divisible, with the first floor offering 4,153 square feet available for $15,000 per month and the lower level offering an equal 4,153 square feet for $9,000 per month. Features include floor-to-ceiling windows, a 13-foot ceiling height, and a private elevator servicing both levels. The building's prime location in a thriving neighborhood filled with galleries, restaurants, and schools guarantees high foot traffic. Its proximity to multiple subway lines (G, J, L, M, Z) ensures easy commuting for employees and clients. This versatile space is ideal for a variety of uses, including traditional office, coworking, medical office, creative office, retail, or even a gym. Don't miss this chance to secure a prominent presence in one of Brooklyn's most sought-after neighborhoods.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,921,822
    6.5%
    $14,697,066
    7%
    $13,647,276
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,728,746
    Geo Method
    $15,728,746
  • Alternative Use

    Use
    Valuation
    Residential
    $14,697,066
    Hospitality
    $13,462,434
    Educational
    $11,200,587
    Medical
    $11,585,792
    Retail
    $17,423,136

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.7131
Longitude
-73.9526
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
$150,466
$724,500
$8,233,200
$8,957,700
-
$1,610,000
$18,296,000
$19,906,000

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