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The Hall - Building C

Off-Market

313 Park Avenue, Brooklyn, NY 11205

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  • Property Type Office - Creative Office
  • Property Size 121,962 Sqft
  • Lot Size 2.61 Acre
  • Property Tenancy Vacant
  • Building Class A
  • Year Built 2021

Location

  • City Brooklyn, NY
  • Neighborhood Clinton Hill
  • Zip Code 11205
  • Market Brooklyn

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination 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.

  • 2020 Avg. Asking Rent $51.42
  • 2020 Office Vacancy Rate 13.25 %
  • 2020 Office Completions (Sqft) 1,135,429

Brooklyn Office Sales Trends

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

  • 2020 Avg. Price per Sqft $320.11
  • Y-o-Y Avg. PpSF Change -21.62 %
  • 2020 Office Sales Volume $533.4M
  • 2020 Number of Transactions 8
View more Brooklyn market trends

Tax

  • Property Tax in 2021-2022 $25,947,600
  • Market Value $571,764,333
  • Assessed Value $571,764,333

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Hall - Building C, The?

Hall - Building C, The totals 121,962 square feet.

When was this property built?

Hall - Building C, The was built in 2021.

What is the property tax for Hall - Building C, The?

The property tax for Hall - Building C, The in 2021-2022 was $25,947,600.

What is the market value for Hall - Building C, The?

The market value for Hall - Building C, The in 2021-2022 was $571,764,333.

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