155 Prince StBrooklyn, NY 11201

Property Details for 155 Prince St

Year built

1953

Lot size

0.05 AC

Property size (Sq ft)

4,150 SF

Zone code

C6-4

Property type

Office buildings

APN

02062-0005

APU

20620005

Description

This exceptional 4,150 square foot commercial property, located at 155 Prince Street in the heart of Downtown Brooklyn's Brooklyn Heights submarket, presents a unique opportunity for businesses seeking versatile office space. Built in 1953, the building offers a blend of classic charm and modern functionality. The property is currently configured to accommodate multiple tenants, with four individual spaces ranging from 416 to 2,745 square feet, ideal for a variety of business needs, including traditional office, executive suites, coworking, or creative office uses. The building's well-lit interior features two private restrooms and a beautiful kitchenette, enhancing the overall tenant experience. Its prime location offers unparalleled convenience, situated just off Flatbush Avenue and within a five-minute walk of six subway stations, providing easy access to all of New York City. The property's proximity to Long Island University, Chase Bank, and Fort Greene Park adds to its appeal, creating a vibrant work-life balance for tenants. This is a rare opportunity to secure office space in a highly sought-after Downtown Brooklyn location. The property's flexible layout and desirable amenities make it an ideal choice for businesses of all sizes seeking a thriving and convenient work environment. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $686,119

  6.5%

  $633,341

  7%

  $588,102

• Comparable approach

  Method

  Valuation

  Relative Method

  $542,239

  Geo Method

  $542,239

• Alternative Use

  Use

  Valuation

  Residential

  $785,342

  Hospitality

  $719,369

  Educational

  $598,507

  Medical

  $619,090

  Retail

  $931,011

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6926

Longitude

-73.9823

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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