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1027 Metropolitan Avenue
Off-Market
1027 Metropolitan Avenue, Brooklyn, NY 11211
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Industrial - Flex - Industrial
- Property Size 58,000 SF
- Lot Size 0.48 Acre
- Parking Spaces Avail. 17
- Parking Ratio 0.30/ 1,000 SF
- Property Tenancy Owner Occupied
- Building Class C
- Year Built 1960
False
Location
- City Brooklyn, NY
- Neighborhood Old Tappan
- Zip Code 11211
- Market Brooklyn
Contacts
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Owner
Tenants
| Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
| 370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
| 370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Market Trends
Average Actual Rents in Brooklyn
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Brooklyn Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $51.42
- 2020 Office Vacancy Rate 13.25%
- 2020 Office Completions (SF) 1,135,429
Brooklyn Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $320.11
- Y-o-Y Avg. PpSF Change -21.62%
- 2020 Office Sales Volume $533.4M
- 2020 Number of Transactions 8
Tax
- Property Tax in 2021-2022 $168,181
- Market Value* $3,475,000
- Assessed Value $3,475,000
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of 1027 Metropolitan Avenue?
1027 Metropolitan Avenue totals 58,000 square feet.
When was this property built?
1027 Metropolitan Avenue was built in 1960.
When was 1027 Metropolitan Avenue last sold?
1027 Metropolitan Avenue was last sold on 25 Mar, 1983.
What is the property tax for 1027 Metropolitan Avenue?
The property tax for 1027 Metropolitan Avenue in 2021-2022 was $168,181.
What is the market value for 1027 Metropolitan Avenue?
The market value* for 1027 Metropolitan Avenue in 2021-2022 was $3,475,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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