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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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