291 Metropolitan AveBrooklyn, NY 11211

Property Details for 291 Metropolitan Ave

Year built

2014

Property size (Sq ft)

5,928 SF

Zone code

M12R6A

Property type

Retail space

APN

02353-1101

APU

23531101

Description

This exceptional 6,000 square foot retail space at 291 Metropolitan Avenue in Brooklyn, NY, presents a unique leasing opportunity. Located in a vibrant area, the property boasts expansive windows offering abundant natural light and attractive street views. The building itself totals 35,318 square feet, with the available space representing a significant portion of a single-tenant occupancy. The property sits on a 6,825 square foot lot, providing ample space and visibility. The M1-2/R6A zoning allows for a variety of commercial uses, making it suitable for a wide range of businesses. This prime location in the 11211 zip code offers excellent access to public transportation and a high volume of foot traffic, ensuring significant exposure for your business. The property's size and prominent location make it an ideal space for a retailer seeking a high-impact presence in a bustling Brooklyn neighborhood. Serious inquiries are encouraged to explore the potential of this exceptional retail space. The property is ready for immediate occupancy. The address is 291 Metropolitan Avenue, Brooklyn, NY 11211.

• CAP approach

  CAP return

  Valuation

  6%

  $1,440,711

  6.5%

  $1,329,887

  7%

  $1,234,895

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,951,872

  Geo Method

  $1,951,872

• Alternative Use

  Use

  Valuation

  Residential

  $1,121,810

  Hospitality

  $1,027,571

  Educational

  $854,927

  Medical

  $884,330

  Retail

  $1,329,887

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.7148

Longitude

-73.9577

CBSA code

35620

CBSA name

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

Property Tax & Assessments

FAQs

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