• 500 Dekalb Avenue
  • 500 Dekalb Avenue
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500 Dekalb Avenue

Off-Market

500 Dekalb Avenue, Brooklyn, NY 11205

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Government Office
  • Property Size 56,112 Sqft
  • Lot Size 0.28 Acre
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1969

Location

  • City Brooklyn, NY
  • Neighborhood Bedford-Stuyvesant
  • Zip Code 11205
  • Market Brooklyn

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 24 Dec, 2018
  • Purchase Price
  • Arm's Length True
  • 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 $200,288
  • Market Value $4,162,000
  • Assessed Value $4,162,000

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