36 Waverly AveBrooklyn, NY 11205

  • Office buildings
  • 49,000 SF
For Lease
$35/SF/YR View listing

Property Details for 36 Waverly Ave

Year built
1935
Lot size
0.28 AC
Property size (Sq ft)
49,000 SF
Zone code
M1-2
Property type
Office buildings
APN
01873-0045
APU
18730045

Description

This exceptional 634-square-foot creative office loft is situated in the vibrant Clinton Hill neighborhood of Brooklyn, New York, at 36 Waverly Avenue, zip code 11205. The space boasts an abundance of natural sunlight, creating a bright and inspiring work environment. Currently configured as a loft, the unit will be thoroughly cleaned and a wall removed to provide a large, open floor plan, perfect for a variety of creative uses. The building offers a wealth of amenities designed to enhance productivity and comfort. These include high-speed Wi-Fi, central air conditioning and heating, a combination of hardwood and industrial cement floors, conveniently located bathrooms on each floor, a secure intercom system, and 24/7 building access. For added convenience, there's also 24/7 freight elevator access, a finished roof deck perfect for breaks or informal meetings, a dedicated bike room, and a secure mail and package room. This is a multi-tenant building, offering a collaborative and dynamic atmosphere. The property is located at 40.6967903 latitude and -73.9687576 longitude. This unique loft space is an excellent opportunity for creative businesses seeking a stylish and functional workspace in a thriving Brooklyn community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,617,654
    6.5%
    $8,877,834
    7%
    $8,243,703
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,402,340
    Geo Method
    $6,402,340
  • Alternative Use

    Use
    Valuation
    Residential
    $11,008,514
    Hospitality
    $10,083,740
    Educational
    $8,389,553
    Medical
    $8,678,083
    Retail
    $13,050,416
36 Waverly Ave, Brooklyn, New York

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6968
Longitude
-73.9688
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
$197,186
$275,400
$1,586,250
$1,861,650
-
$612,000
$3,525,000
$4,137,000

FAQs

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