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530-554 President Street

Off-Market

530 President Street, Brooklyn, NY 11215

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  • Property Type Office - Flex - Office
  • Property Size 101,395 SF
  • Lot Size 1.14 Acre
  • Parking Spaces Avail. 49
  • Parking Ratio 0.49 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2007

Location

  • Walk Score ® Walker's Paradise (96)
  • Transit Score ® Rider's Paradise (100)
  • Bike Score ® Biker's Paradise (93)
Powered by Walk Score ®
  • City Brooklyn, NY
  • Neighborhood Gowanus
  • Zip Code 11215
  • Market Brooklyn

Points of Interest

Arecibo

0.29 miles

Castle

0.47 miles

4th Ave - 9th Street (R) to Queens

0.49 miles

7th Avenue

0.68 miles

7th Ave. Car Service

0.70 miles

Eastern Car Service

0.83 miles

International Car Service

1.13 miles

Franklin Avenue

1.56 miles

Parkside Avenue

1.95 miles

Acapulco Express

2.08 miles

EVgo

1.48 miles

ChargePoint

2.38 miles

Blink

2.79 miles

BP

4.03 miles

ChargePoint

4.20 miles

Gulf

4.27 miles

ChargePoint

4.31 miles

Gulf

5.26 miles

ChargePoint

5.34 miles

BP

5.47 miles

Rapid Park

0.77 miles

The Brooklyn Museum and Botanic Garden

1.19 miles

Hospital Parking

2.87 miles

St. George Garage

5.46 miles

Duane Reade

5.59 miles

Central Parking

5.64 miles

Roosevelt Savings Bank

5.73 miles

Kings Plaza Car Lot

5.85 miles

iClean

6.59 miles

Lincoln Center Park and Lock Garage

6.59 miles

Holiday Inn Express Brooklyn

0.09 miles

Eurostars Wall Street Hotel

2.24 miles

Liberty View Suites

2.68 miles

Leon Hotel

2.75 miles

Nolitan hotel

3.03 miles

New York Moore Hostel

3.13 miles

The Bowery House

3.14 miles

New York Loft Hostel

3.29 miles

American Dream Bed & Breakfast

4.33 miles

Home

4.38 miles

Juicy King Crab Express

1.51 miles

U-Gu

1.66 miles

Essen

2.31 miles

Halal Xpress

2.34 miles

Subway

2.73 miles

Ivan Ramen

3.01 miles

Canal Street Market Food Hall

3.01 miles

The Bowery Market

3.45 miles

Popeyes

3.67 miles

El Burrito Nacho

3.77 miles

Park Place Community Middle School

0.47 miles

Long Island University Brooklyn Campus

0.97 miles

15 MetroTech Center

1.20 miles

Public School 249

2.14 miles

The King's College

2.49 miles

Junior High School 50

2.76 miles

Public School 23

2.80 miles

Hebrew High School

2.91 miles

New York Law School

2.99 miles

Borough of Manhattan Community College

3.17 miles

Bumble Bee Daycare

0.08 miles

Kinderhaus

0.45 miles

Choo Choo Train Project

0.77 miles

Giocare Play School

0.83 miles

Park Slope Schoolhouse

0.84 miles

Shining Smiles

1.09 miles

Chaulk Preschool

1.09 miles

The Park Slope Day Camp

1.17 miles

Kids-Centric

1.34 miles

Carousel Children's Center

1.37 miles

Contacts

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Owner

  • True Owner
  • Registered 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
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Documents

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Sales

  • Purchase Date 05 Aug, 2008
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Brooklyn Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $45.17
  • 2021 Office Vacancy Rate 17.00%
  • 2021 Office Completions (SF) 1,765,194

Brooklyn Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $831.08
  • 2021 Office Sales Volume $326.2M
  • 2021 Number of Transactions 5
View more Brooklyn market trends

Tax

  • Property Tax in 2022-2023 $60,125
  • Market Value* $12,676,000
  • Assessed Value $12,676,000

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 530-554 President Street?

530-554 President Street totals 101,395 square feet.

When was this property built?

530-554 President Street was built in 2007.

When was 530-554 President Street last sold?

530-554 President Street was last sold on 05 Aug, 2008.

What is the property tax for 530-554 President Street?

The property tax for 530-554 President Street in 2022-2023 was $60,125.

What is the market value for 530-554 President Street?

The market value* for 530-554 President Street in 2022-2023 was $12,676,000.
*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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